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Medusa Mining Ltd (MML)

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Tuesday 21 January, 2014

Medusa Mining Ltd

Operations Update

RNS Number : 1298Y
Medusa Mining Limited
21 January 2014
 





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

                                                                                                       

                                                                                                           21 January 2014

 

 

OPERATIONS UPDATE

 (ASX & LSE: MML)

 

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

 

There has been an intense Low Pressure System situated over the southern section of Mindanao for the past two weeks resulting in heavy rains, which has caused extensive flooding. Several sections of the highway from Davao to the mine site are inaccessible as a result of flooding.

 

At the Company's operations, incessant rain has caused slippages and landslides in several areas around the mine and as a precautionary measure, the Company has ceased all mining activities.

 

There have been no reported injuries.

 

The Company will release updates as and when the situation changes.

 

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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