CAPITAL MARKETS

Medusa to pay dividend as gold miner's cash grows

PHILIPPINES gold miner Medusa will pay a A5c per share interim dividend after reporting a half-year profit of US$40.1 million.

 Better production numbers of late from Medusa in Philippines

Better production numbers of late from Medusa in Philippines

The total A$10.4 million payout to shareholders comes with the company having cash of circa $100 million. Twelve months ago the company's cash totalled US$24.6 million. In the recently completed...

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