MML.L Share News (MML)

Medusa Mining Misses Gold Production Forecasts; Hit By Flooding

LONDON (Alliance News) - Medusa Mining PLC Tuesday said it produced more gold in the third quarter of the year than in the previous quarter, although it missed production forecasts due to flooding in January. The gold miner, with operations in the Philippines, said it produced 16,200 ounces

Matomy Media Pulls IPO, But Tekcapital, Rame Energy Get Underway

LONDON (Alliance News) - Matomy Media Group Ltd Friday became the first initial public offering to be pulled in London in 2014, but the recovery in the market for new issues continued as two more companies started trading on AIM for the first time. In a statement, Tel Aviv-based Matomy Medi

Tuesday broker round-up UPDATE

Abcam: Numis cuts target price from 560p to 510p downgrading from add to hold. Amlin: Deutsche Bank shifts target price from 484p to 491p and keeps a hold recommendation. Arrow Global: Canaccord Genuity shifts target price from 300p to 309p maintaining a buy recommendation. Numis moves target pric

Medusa Mining Interim Pretax Profit Halves On Lower Revenues

LONDON (Alliance News) - Medusa Mining Ltd Thursday said its pretax profit halved in its first half as revenues dropped due to lower production, falling gold prices and operational delays. The gold miner, with operations in the Philippines, said its pretax profit fell 55% to USD13.0 millio

Medusa Mining Suffers Fatal Accident In Philippines

LONDON (Alliance News) - Medusa Mining Ltd Thursday said an unnamed assistant of a contract miner has died at the Co-O underground mine in the Philippines. The gold miner said, through its Philippines operating company Philsaga Mining Corp, that the fatal accident happened on Wednesday, and

Storm threatens Philippine provinces devastated by Typhoon Haiyan

Manila (Alliance News) - A tropical storm was bearing down on the eastern Philippines Friday, two months after a powerful typhoon killed more than 6,200 people in the area, the weather bureau said. Tropical Storm Kajiki intensified as it moved towards the regions of Eastern Visayas and Mind

Medusa Mining Restarts Operations At Co-O Mine As Storm Passes

LONDON (Alliance News) - Medusa Mining Ltd Tuesday said it has re-started mining at the Co-O mine in the Philippines after heavy rain that caused landslides in several areas around the mine eased. In a statement, the company said the bad weather also caused extensive damage to several secti

Medusa Mining Suspends Operations In Philippines Due To Bad Weather

LONDON (Alliance News) - Medusa Mining Ltd Tuesday said it has ceased all mining operations at its Philippines mine following intense weather disruption. The gold miner said an intense low pressure system has been situated over the region for the past two weeks, resulting in heavy rains tha

Medusa Mining's Chairman steps down

Medusa Mining has appointed Andrew Teo as its new Chairman to succeed Geoff Davis who stepped down from the role on Friday after the annual general meeting. Davis is the founding Managing Director of the Australian-based gold producer, which was incorporated in February 2002. He moved into the role

Medusa Mining Appoints New Chairman; Progress Made On Gold Sites

Tricor And Medusa Unaffected By Typhoon Haiyan

Medusa Mining Extends Placing To GBP20 Million After Strong Demand

Medusa Mining Production Falls As New Mill Delays Continue

STOCKS NEWS EUROPE-UK small caps rise, tracking blue-chips

Britain's small-cap equity indexes rise, performing broadly in line with the blue-chips, with the FTSE Small Caps Index closing up 0.3 percent while the FTSE AIM All Share Index advances 0.7 percent. Medusa Mining Ltd rises 2.8 percent after issuing a positive update on its mineral reserve

Telecity CEO sells shares as update impresses

Michael Tobin, the Chief Executive Officer of data centre operator Telecity, has sold 124,105 shares following the exercise of options over 125,105 shares, taking his stake to 666,000. The shares were traded in at 949.50p each, earning the director in the region of £1.18m. The deal was made on t