21st Jan 2014 08:00
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 |
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