Precious Metals

Mining Weekly reported that Medusa Mining’s (ASX:MML) half-year revenue fell, but the company is targeting 75,000 ounces gold production by the end of its full year.

Mining Weekly reported that Medusa Mining’s (ASX:MML) half-year revenue fell, but the company is targeting 75,000 ounces gold production by the end of its full year.

As quoted in the market news:

The miner set a production target of 75 000 oz of gold by the end of its financial year on June 30, at a cost of $230/oz. The average cash cost increased to $261/oz in the six months under review, which was higher than the previous corresponding period’s costs of $186/oz. The slower production rate was partially offset by an above average gold price.

Click here to read the full Mining Weekly report.

MARKETS

Markets
TSX19062.91+345.79
TSXV647.33+15.54
DOW31500.68+823.32
S&P 5003911.74+116.01
NASD11607.62+375.43
ASX6528.40+19.90

COMMODITIES

Commodities
Gold1827.54+0.47
Silver21.15+0.03
Copper3.740.00
Palladium1879.51+6.50
Platinum911.26+4.32
Oil107.06+2.79
Heating Oil4.24+0.02
Natural Gas6.17-0.07

DOWNLOAD FREE REPORTS

×