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Medusa Mining Ltd (MML)

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Monday 09 December, 2013

Medusa Mining Ltd

New SAG Mill Update - Power Cells

RNS Number : 0156V
Medusa Mining Limited
09 December 2013
 

 


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

 

09 December 2013

NEW SAG MILL UPDATE - POWERCELLS

(ASX & LSE: MML)

 

 

Medusa Mining Limited ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following:

The repaired Powercells have been installed, tested and are currently operating without any issues.

The new SAG Mill which was successfully started last week is currently undergoing commissioning and will gradually build to its throughput of 2,500 tonnes per day ("tpd") during the March 2014 quarter.

As advised on 23 October 2013, as a consequence of this delay, the production for the December quarter will be reduced, until the new SAG mill is operating at its anticipated throughput of 2,500 tpd.

 

 

For further information please contact:

Australia


Medusa Mining Limited

      +61 8 9367 0601

Peter Hepburn-Brown, Managing Director


United Kingdom


SP Angel Corporate Finance LLP (Financial Adviser & Broker)

      +44 (0)20 3463 2260

Ewan Leggat/Laura Littley


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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