MML are an existing gold producer on the island of Mindanao, and are looking to expand production towards 100,000 ozs Pa during 2007.

Mining costs are low, around $250 per oz, and with gold around the $650 level, there is a healthy margin.

MML have returned good grades in recent exploration, and have an exploratory copper project within their licence area.


recent analysis - Click HERE


MML look undervalued compared to their peers, IMO.

NOTICE OF GENERAL MEETING

Medusa Mining Limited ("Medusa" or the "Company") advises that a General Meeting
("GM") will be held on Wednesday, 6 October 2010, commencing at 10.00 am (WST).

The GM will be held at Esplanade River Suites, 112 Melville Parade, Como,
Western Australia.

The Notice of the General Meeting and Explanatory Statement will be dispatched
to shareholders of the Company today and will be available for viewing on the
Company's website shortly
cyril

Another yummy rise.....

The finance boss of Philippines-focused gold miner Medusa Mining has spent 65,000 topping up his holding in the company.

Roy Daniel took 25,000 shares at A$4.44 (263p) a time and now has about 1.4m, which represents nearly 1% of the company.

Shares in Medusa Mining have been performing well recently, helped by the strong gold price.

In July the company celebrated an uplift in the resource estimate at its Co-O mine in the Philippines.

Super-dooper increases here.....one to pile into...

A propectors dream,with a bag of gold at the end.

Pushing ever higher...the more gold increases, the more producers selling at spot will increase in value !.

AGM held in perth,gold at $1345,MML flying up over 10% at one stage.
cyril

Maiden dividend to be paid 8/11/2010. Ex/div 11/10/2010. Market cap now over 1 billion. Super rise today.

Up near 7% overnight on volume of 1.4m,hoping for a similar rise on the LSE?

As good as gold.

Vanguard increases holdings by an impressive 1.2%,7.19 to 8.39%.

http://www.asx.com.au/asxpdf/20110328/pdf/41xp95hs4zjwsj.pdf

http://www.investegate.co.uk/Article.aspx?id=201104050710002765E

With gold at these high prices, and new discoveries from medusa, the share price can only go one way. It was also nice to collect a cash dividend a couple of weeks ago.

New high.

Gold at new high and MML as near as dam it,up 2%.nice article.

http://www.proactiveinvestors.co.uk/companies/news/27653/medusa-shares-pause-for-breath-brokers-point-to-a-golden-future-27653.html

10th May 2011

TAMBIS MAPPING HIGHLIGHTS REGIONAL POTENTIAL

Medusa Mining Limited (ASX and AIM - MML; TSX - MLL) ("Medusa" or the "Company"), through its Philippines operating company Philsaga Mining Corporation ("Philsaga"), advises that regional and detailed mapping which commenced in October 2010 has highlighted excellent potential for additional discoveries of breccia-hosted, epithermal veins and quartz stockwork gold mineralisation within a large intrusive-breccia complex mapped over an area measuring approximately 7 kilometres in length and 3 kilometres in width along a well defined northeasterly trending structural and alteration corridor.

New outcrops of porphyry and related styles of copper mineralisation have also been located at the Sawahon Creek prospect, at the lower Bananghilig River prospect, and southwest of the Bananghilig Gold Deposit in the extensive skarn area which is associated with the fertile copper-bearing Supon diorite and the adjacent Kamarangan porphyry copper-molybdenum prospect.

Drilling is continuing with six drilling rigs at the Bananghilig Deposit with the Company aiming to provide a drilling update during the September 2011 quarter.

Geoff Davis, Managing Director of Medusa, commented:

"This on-going mapping has significantly enhanced the regional potential of the Tambis District. The outlining of a large intrusive-breccia complex with extensive alteration zones and containing the known diatreme breccia-hosted Bananghilig Deposit, milled breccia hosted mineralisation at Canugas as well as numerous mineralised epithermal veins and quartz stockworks, and the outcropping Sawahon Creek porphyry copper prospect and other copper prospects, all auger well for defining new deposits.

"We see strong similarities with the Wafi Golpu Project in PNG with respect to the regional setting, rock types, mineralisation styles and potential. A comparative interpreted cross-section to the Figure 4 contained in this report is shown on page 10 of the presentation of the Harmony- Morobe Mining Joint Venture Analyst Tour dated March 2011.

"In addition there are many similarities to the richly mineralised Baguio District north of Manila which has produced approximately 28 million ounces of gold and 2.8 million tonnes of copper."

MML flying on the strength of latest update.

http://www.advfn.com/p.php?pid=nmona&article=48334001

Very positive. Looking for a new high above 5.50.

4.80. and climbing. Gold at new record high.Quartly report due shortly.Date to remember, ex. div.about 10/10 11.Payment about10/11/11,to be confirmed.

Recent imitial substancial holder.

http://www.asx.com.au/asxpdf/20110815/pdf/420d407lrrgvyx.pdf