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MML Medusa Mining

97.50
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Medusa Mining LSE:MML London Ordinary Share AU000000MML0 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 97.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Co-O Operations - Tropical Storm Sendong (Washi) (2238U)

19/12/2011 9:21am

UK Regulatory


Medusa (LSE:MML)
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RNS Number : 2238U

Medusa Mining Limited

19 December 2011

MEDUSA MINING LIMITED

ABN: 60 099 377 849

Unit 7, 11 Preston Street

Como WA 6152

PO Box 860

Canning Bridge WA 6153

Telephone: 618-9367 0601

Facsimile: 618-9367 0602

Email: admin@medusamining.com.au

Internet: www.medusamining.com.au

19 December 2011

Co-O Operations - Tropical Storm Sendong (Washi)

(ASX & LSE: MML)

Medusa Mining Limited ("Medusa" or the "Company"), through its Philippines operating company Philsaga Mining Corporation, advises that tropical storm Sendong (Washi) passed to the north of the Co-O operations during Friday-Saturday 15th and 16th December bringing strong gusting winds and heavy rainfall to area surrounding the mine and mill.

Winds from the storm have caused roofing damage to the laboratory and mill buildings with subsequent water ingress, and torrential rain has damaged in parts the 11 kilometres of haul road between the mine and the mill. The mine has not suffered any damage and remains operational.

The partly damaged haul road will limit ore haulage until it dries out and repairs are completed. Repairs will commence once the rain eases and a full assessment of the repair work and the time required is completed. Further information on possible effects to production will be provided in the December quarterly report.

The Company will be providing assistance where possible to local communities that have been affected by the storm.

From available information, it appears that the last similar tropical storm to visit Mindanao was over 20 years ago in the mid-1980s in the Surigao district located approximately 3 hours drive to the north of the Co-O operations.

For further information please contact:

 
 Australia 
 Medusa Mining Limited            +61 8 9367 0601 
 Peter Hepburn-Brown, Managing 
  Director 
 
 United Kingdom 
 Fairfax I.S. PLC (Financial 
  Adviser & Broker)               +44 (0)20 7598 5368 
 Ewan Leggat/Laura Littley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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