Medusa Mining
- Company typePublic
- Founded2004
- HeadquartersComo, Australia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Medusa Mining firmographics
Firmographics- Name
- Medusa Mining
- Legal name
- Ten Sixty Four Ltd
- Website
- https://medusamining.com.au
- Company type
- Public
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Medusa Mining industry classification
Industry- Product category
- Gold Mining and Production
- NAICS
- Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
Keywords
Where Medusa Mining is headquartered
LocationHeadquarters
- HQ city
- Como
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Medusa Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Others
Distribution channels1 record
Marketing channels3 records
Medusa Mining product offering
Product offeringCore offering
Medusa Mining (now Ten Sixty Four Ltd, trading as X64 Gold) is an Australia-based gold producer whose flagship operation is the Co-O Gold Mine — an underground narrow-vein mine in Central Eastern Mindanao, Philippines, operated by Philsaga Mining Corporation. Ore is mined using shrink and slot stoping methods and processed at the 2,500 tpd conventional CIL Co-O Mill. The company also holds a 4,150 km² Queensland exploration land package (25 granted tenements) with multiple targets including Monteagle, Mt Wilkin, and Nivram.
Product overview
X64 Gold (Ten Sixty Four Ltd) is an Australian-based gold producer operating a portfolio of mining and exploration assets across the Asia Pacific region. The core operations consist of the Co-O Gold Mine (underground mining with associated mill processing) in the Philippines, supplemented by regional exploration projects in both the Philippines (Royal Crowne Vein) and Queensland, Australia (Monteagle, Mt Wilkin, and Nivram targets). The company operates a 2,500 tpd conventional CIL gold mill and conducts ongoing exploration to expand resources.
Differentiator
Problem solved
Functional benefit
Products and services
- Co-O Gold Mine Underground gold mine developed on intermediate sulphidation epithermal quartz veins in Central Eastern Mindanao, Philippines, producing gold continuously for over a decade with operations reaching approximately 500 metres (Level 10) below surface. Operated by Philsaga Mining Corporation.
- Co-O Mill Conventional gold processing mill located approximately 6 km north of the Co-O Mine with 2,500 tpd capacity, comprising a single stage jaw crusher, SAG mill, conventional Carbon-In-Leach circuit, and gravity gold & intense cyanide leach system, with tailings treatment and multi-celled tails storage facility.
- Royal Crowne Vein exploration project Exploration prospect located approximately 2 km north of the Co-O Mine, corresponding to a projected vein segment along the northern portion of the 1,500 m long Sinug-ang vein system in Central Eastern Mindanao.
- Monteagle exploration project Rhyolite breccia complex (confirmed IRGS) localised on the western margin of the Anakie basement block adjacent to the Drummond basin in Queensland, targeting intrusion-related high-grade epithermal gold deposits. Setting hosts other multi-thousand-ounce Au deposits such as Twin Hills, Yandan, and Lone Sister.
- Mt Wilkin exploration project Permo-Carboniferous Rhyolite and breccia complex forming part of the Silver Hill Volcanics in Queensland, with a 2.7 km x 2 km alteration footprint and 950 m x 650 m Au soil anomaly halo. Metal association similar to the upper levels of the 2 Moz Mt Rawdon deposit.
- Nivram exploration project 2 km long gold-in-soil anomaly identified within a 15 km-wide eroded caldera in Queensland, targeting a low sulphidation, high-grade epithermal deposit. Phase 1 Reverse Circulation shallow fence drilling completed confirming alteration and anomalous pathfinder geochemistry Te-As-Sb-Bi-Mo under sedimentary cover; Phase 2 planning underway.
Companies that use Medusa Mining
Customer profileSegments1 record
Ideal customer profiles1 record
Medusa Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Medusa Mining partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Philsaga Mining CorporationcorePhilsaga Mining Corporation operates the Co-O Gold Mine in the Philippines. This is a critical operational partnership where the operator manages day-to-day mining operations including the underground mine development on epithermal quartz veins, ore extraction using narrow vein mining methods, and surface hauling operations.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Medusa Mining competitors and assessment
Company assessmentDirect peers
- Ramelius Resources: Ramelius is an ASX-listed Australian gold producer operating the Mt Magnet and Edna May operations. It is comparable as an ASX-listed mid-tier gold producer focused on narrow vein and open-pit gold, similar in product mix and market positioning.
- Red 5 Limited: Red 5 operates the King of the Hills gold mine in Western Australia. It is comparable as an ASX-listed gold producer of similar scale, with comparable underground and open-pit mining operations and similar growth-stage production profile.
- Dacian Gold: Dacian Gold operated the Mt Morgans gold project in Western Australia. It is comparable as a single-mine Australian gold producer at similar scale, with comparable narrow vein and open-pit mining methods and similar exploration-driven growth strategy.
- Genesis Minerals: Genesis Minerals (formerly the Leonora assets of St Barbara) is an ASX-listed Australian gold producer in the Leonora region. It is comparable as a similar-scale ASX gold producer focused on operational optimisation and resource growth in established gold provinces.
- OceanaGold Corporation: OceanaGold operates the Didipio gold-copper mine in the Philippines alongside assets in New Zealand and the United States. It is the most directly comparable peer given overlapping Philippine gold mining exposure, similar epithermal vein geology, and parallel jurisdictional footprint.
- Capricorn Metals: Capricorn Metals operates the Karlawinda gold mine in Western Australia. It is comparable as an ASX-listed single-asset gold producer with similar scale of operations and growth-oriented development pipeline targeting multi-asset expansion.
- Kingsgate Consolidated: Kingsgate is an Australian-listed gold producer historically operating the Chatree mine in Thailand. It is comparable as a small-to-mid cap Asia Pacific gold producer with single-asset production profile analogous to Medusa Mining's Co-O-centric model.
Broad incumbents
- Resolute Mining: Resolute Mining operates the Syama and Mako gold mines in Mali and Senegal. It is comparable as a multi-jurisdiction gold producer of larger scale than X64, providing a benchmark for what a successful multi-asset growth trajectory looks like for an aspiring mid-tier producer.
- Perseus Mining: Perseus Mining operates Edikan in Ghana and Yaouré and Sissingué in Côte d'Ivoire. It is comparable as a multi-asset mid-tier gold producer with similar processing capacity (~2.5-3 Mtpa scale) and similar growth-from-exploration strategy, though it operates across West Africa rather than Asia Pacific.
Emerging players
- West African Resources: West African Resources operates the Sanbrado gold mine in Burkina Faso and is developing the Kiaka project. It is comparable as an emerging mid-tier gold producer that scaled from a single-asset operation into multi-asset production, providing a roadmap analogue for X64's Queensland exploration-driven growth strategy.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Medusa Mining social profiles
Digital presenceMedusa Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medusa Mining leadership team
Management profileNumber of profiles
Medusa Mining funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medusa Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medusa Mining
What does Medusa Mining do?
Medusa Mining (now Ten Sixty Four Ltd, trading as X64 Gold) is an Australia-based gold producer whose flagship operation is the Co-O Gold Mine — an underground narrow-vein mine in Central Eastern Mindanao, Philippines, operated by Philsaga Mining Corporation. Ore is mined using shrink and slot stoping methods and processed at the 2,500 tpd conventional CIL Co-O Mill. The company also holds a 4,150 km² Queensland exploration land package (25 granted tenements) with multiple targets including Monteagle, Mt Wilkin, and Nivram.
Is Medusa Mining a public or private company?
Medusa Mining is a public company. It is classified as public and is currently operating.
When was Medusa Mining founded?
Medusa Mining was founded in 2004. It employs 1,001 to 5,000 people.
Where is Medusa Mining based?
Medusa Mining is headquartered in Como, Australia, in the Oceania region.
Who are Medusa Mining's main competitors?
Direct peers on record are Ramelius Resources, Red 5 Limited, Dacian Gold, Genesis Minerals, OceanaGold Corporation, Capricorn Metals and Kingsgate Consolidated. Broad incumbents are Resolute Mining and Perseus Mining. West African Resources is listed as an emerging player.
Does Medusa Mining have an API?
No public API is recorded for Medusa Mining.
What industry is Medusa Mining in?
Medusa Mining's product category is Gold Mining and Production. Its primary akta.pro industry code is IMAKAEAA, Gold Mining. Its NAICS code is 21222 and its SIC code is 1040.