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                    [ArticleID] => 274005
                    [Title] => Aussie mining firm invests $1M in Leyte gold project
                    [Summary] => Australian mining company Medusa Mining Limited is investing $1 million on a joint venture with Vulcan Industrial & Mining Corp. (VIMC) for the Panaon Island Gold Project in Southern Leyte.


In a disclosure to the Philippine Stock Exchange, VIMC senior vice president Jurisita M. Quintos said its partner, Medusa, is in advanced negotiations with an investment group that has committed to put an initial $1million into the project. She said a joint venture agreement is expected to be signed in the near future.


                    [DatePublished] => 2005-04-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PANAON ISLAND GOLD PROJECT

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                    [ArticleID] => 274005
                    [Title] => Aussie mining firm invests $1M in Leyte gold project
                    [Summary] => Australian mining company Medusa Mining Limited is investing $1 million on a joint venture with Vulcan Industrial & Mining Corp. (VIMC) for the Panaon Island Gold Project in Southern Leyte.


In a disclosure to the Philippine Stock Exchange, VIMC senior vice president Jurisita M. Quintos said its partner, Medusa, is in advanced negotiations with an investment group that has committed to put an initial $1million into the project. She said a joint venture agreement is expected to be signed in the near future.


                    [DatePublished] => 2005-04-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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                    [URL] => 
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abtest

Aussie mining firm invests $1M in Leyte gold project

By Rocel Felix | April 15, 2005 - 12:00am

Australian mining company Medusa Mining Limited is investing $1 million on a joint venture with Vulcan Industrial & Mining Corp. (VIMC) for the Panaon Island Gold Project in Southern Leyte. In a disclosure to...

Business