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Medusa Mining Ltd (MML)

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Monday 19 December, 2011

Medusa Mining Ltd

Co-O Operations - Tropical Storm Sendong (Washi)

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:  [email protected]

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
 
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