Strong quarter for Philippines miner

STRONG quarterly operational performance, boosted by unhedged gold price tailwinds, has helped Philippines-focused Medusa Mining increase its cash holdings by 37% to nearly $65 million.

Strong quarter for Philippines miner Strong quarter for Philippines miner Strong quarter for Philippines miner Strong quarter for Philippines miner Strong quarter for Philippines miner

Medusa's Co-O gold mine on Mindanao Island, Philippines

The miner produced 28,363 ounces from its Co-O gold mine on Mindanao Island at all-in sustaining costs of $1079/oz, its best performance since the 2019 September quarter 
 
However, strong

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