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Additional information
Additional Information
Market: AIM / ASX : TSX
Sector: Gold Mining
Epic: MML
News: Latest news
Web Site: Medusa Mining
Other Articles: 16-03-201016-03-201008-03-2010

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Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Medusa Mining

Medusa Mining

Medusa is an expanding gold producer in the Philippines, listed on the Australian Stock Exchange (ASX;MML), London AIM (AIM: MML) and Toronto Stock Exchange (TSX: MLL) markets. With an expanding resource base now at 1.2million ounces at 13.3g/t gold and production on track to achieve 60,000 ounces annualised in Q3 09 and 100,000 ounces annualised early 2010, it is anticipated that long term cash costs will be approximately US$200/ounce. Numerous new discoveries of gold and copper-gold are anticipated in the future within the large regional tenement package totalling 820km². The operations are an integral part of the local communities.

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Friday, July 03, 2009

Medusa Mining is added to S&P/ASX 200 Index

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Standard & Poor’s has added Medusa Mining (ASX: MML) to both the S&P/ASX 200 and S&P/ASX All Australian 200, effective after the close of business on 7 July 2009.

Companies that are added to the index may encounter increased demand for the company's shares, as some institutional investors may re-weight their portfolio to align with the index constituent companies.

Managing Director Geoff Davis, said the  Company’s inclusion in the S&P/ASX 200 index was a major achievement.  "We believe the Company, with its world class asset in the Philippines, will continue to deliver positive results for many years to benefit not only shareholders but also for the many communities in which it operates.”

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