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MMY - Monument Mining TSX-V

post #1 of 82
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Vancouver, British Columbia CANADA, Feb 16, 2010 (Filing Services Canada via COMTEX) -- Monument Mining Ltd. (MMY - TSX Venture)(D7Q1 - FWB),

"Monument" or the "Company" announces that it has commenced commissioning of the CIL ("carbon in leach") circuit of the 1200 tpd gold treatment plant at its wholly owned Selinsing Gold Project located in Pahang State, Malaysia while having its gravity circuit in pre-commercial production.

Subsequent to acquisition of Selinsing Gold Project in June 2007, the Company has been developing the open pit gold mine together with building a 1,200 tpd gold treatment plant in two construction phases including the gravity circuit and the CIL circuit.

The gravity circuit was commissioned in September 2009 and has since been placed into pre-commercial production. A total of 4,002 ounces of gold have been produced to date from the gravity circuit with a by-product of 890 ounces of silver. The first shipment of gold occurred in early November 2009. The average realized gold price from sales is US$1,124 per ounce. The cash generated from gold sales has been used to fund continuing construction of the CIL circuit. The mill throughput increased from monthly throughput of 3,534 tons in September 2009 to 34,260 tons in January 2010. The gravity circuit has achieved its targeted throughput in December 2009.



The commissioning of the CIL circuit commenced on February 12, 2010, delayed from December 2009 due to the late arrival of agitators, expected in November 2009 but delivered in February 2010. The Company is now focusing on completion of the CIL circuit commissioning. Together with the gravity circuit, the gold treatment plant, once in full production, will have a capacity of 40,000 ounces of gold per year.
post #2 of 82
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About Monument Mining Limited

Monument Mining is a Canadian mineral explorater and is a publicly traded company on the TSX Venture Exchange (MMY). The Company has two wholly-owned principal properties: Selinsing Gold Mine Project ("Selinsing"); and Damar Buffalo Reef Prospect ("Buffalo Reef"); which are located in Pahang State in the Central Gold Belt District of Malaysia. Monument Mining Limited's head office is in Vancouver, British Columbia, Canada.

The Selinsing project recently commissioned the Phase I gravity section of its gold processing plant and has since commissioning, commenced in late 2009 produced more than 10,000 ounces of gold to May 31, 2010. Commissioning of the remaining Phase II CIL section of the plant is expected by end of June or early July 2010, followed shortly thereafter by an expected announcement of reaching commercial production. The Company has the objective, once fully commissioned, to produce up to 40,000 ounces of gold per year, with intention to increase that by expansion of the treatment plant in Phase III which will more than double the plant capacity.
post #3 of 82
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Currently at 52 week low.
Could really move with announcement of commercial production (expected early July )
post #4 of 82
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9:30 AM ET, July 20, 2010


Vancouver, British Columbia CANADA, Jul 20, 2010 (Filing Services Canada via COMTEX) -- Monument Mining Ltd. (MMY - TSX Venture)(D7Q1 - FWB), reports that new CIL (Carbon in Leach) tank agitators have been received and installed at the CIL circuit of the gold treatment plant at its 100% owned Selinsing Gold Mine Project in Pahang State, Malaysia. Commissioning of the CIL circuit is now in its final stages and the Company is preparing for full commercial production.

Construction of the gold treatment plant with 400,000 tons annual capacity was fully completed in December 2009. Since then the gravity circuit of the plant has continued to operate at designed capacity and has produced a total of 18,800 ounces of gold. New agitators have now been installed in the CIL circuit and are performing satisfactorily. They replace the defective ones that were the cause of the delay in start up of the CIL circuit. The operation of the full plant is progressively meeting designed specifications. The Company is fast tracking towards commercial production.
post #5 of 82
Thread Starter 
Up to .28
post #6 of 82
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Private Placement-Non-Brokered, Convertible Debenture/s
Aug. 4, 2010 (Market News Publishing) --

MONUMENT MINING LIMITED ("MMY")
- Private Placement-Non-Brokered, Convertible Debenture/s

TSX Venture Tier 1 Company



TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 21, 2009:



Convertible Debenture $8,000,000



Conversion Price: Convertible into units consisting of one common share and one common share purchase warrant at $0.40 of principal outstanding.



Maturity date: Five years from issuance.



Warrants Each warrant will have a term of five years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.50.



Repayment Amount: On maturity, the debentureholders will receive the principal amount plus the product of 0.2167 and the principal amount. Early repayment or conversion of the debentures will result in a pro-rata adjusted repayment amount.



Number of Placees: 2 placees



Insider / Pro Group Participation:



Insider=Y /



Name ProGroup=P Principal Amount



Concept Capital Management



Ltd. (Bernd Hgel) Y $7,000,000
post #7 of 82
Thread Starter 
Nice jump to .33
Hope some of you got into this at .25
It could go a long way yet.
post #8 of 82
Thread Starter 
Up to .375

Monument Appoints VP, Business Development
Aug. 31, 2010 (Filing Services Canada) -- Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), is pleased to announce the appointment of Mr. Scott Ladd, P. Eng., as Vice President of Business Development.

Mr. Ladd holds a B. Eng. in mining from Laurentian University, Sudbury, Ontario and has a wide array of experience in over 15 years in the mining industry. Mr. Ladd previously served as the Director of Operations Performance Management with Kinross Gold and worked in various senior operations and project management roles with Vale Inco, Grande Cache Coal and Hudson Bay Mining and Smelting.

Monument's President and CEO, Mr. Robert Baldock, commented, "I extend a very warm welcome to Scott who will be a key member of our management team, involved in our operational and corporate development plans as well as helping implement our strategic vision going forward. His wealth of mining industry operational experience is extremely valuable to Monument."


About Monument Mining Limited

Canadian based Monument Mining Limited has two wholly-owned principal properties: Selinsing Gold Mine Project ("Selinsing"); and Damar Buffalo Reef Prospect ("Buffalo Reef"); which are located in Pahang State in the Central Gold Belt District of Malaysia.

Under the Selinsing project the gravity section of the gold processing plant has commissioned and has since late 2009 produced more than 20,000 ounces of gold to date. Commissioning of the remaining CIL section of the plant is expected to be completed soon, upon which the Company is prepared to announce a commercial production. The gold treatment plant has capacity of 400,000 tpa targeted to produce up to 40,000 ounces of gold per year. The capacity is expected to be doubled in future by adding an additional mill to the existing plant. Please visit our website at www.monumentmining.com for more information
post #9 of 82
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Monument Closes Famehub Exploration Land Acquisition in Malaysia
Sep. 14, 2010 (Filing Services Canada) -- Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), "Monument" or the "Company" reports that following acceptance from TSX Venture Exchange and Board approval, it has closed the previously announced acquisition (the "Famehub Acquisition") of prospective exploration lands adjacent to its Selinsing Gold Mine (the "Famehub Property") and a corresponding data package.

Through its wholly owned subsidiary Damar Consolidated Exploration Sdn Bhd, the exploration arm of Monument's Malaysian group of companies, the Company acquired the Famehub Property by purchasing 100% of the issued and outstanding shares of Famehub Venture Sdn Bhd ("Famehub"), a company incorporated in Malaysia. Famehub has rights to approximately 32,000 acres of prospective exploration land to the north of Buffalo Reef along trend and east of the Selinsing gold mine. Famehub also owns a package of technical information and exploration database in respect to the subject property. The full purchase price for the Famehub Acquisition is $1.5 million in cash and 14 million common shares of the Company. The Company has started preparation to implement its exploration programs, targeting the consolidation of its Selinsing and Buffalo Reef properties together with the Famehub Property around the newly constructed producing Selinsing gold mine in order to extend the life of the mine with increased resources nearby.

Snowden Consulting Group (Australia) has completed an independent technical report on Famehub Property. It is engaged in advising and reviewing the exploration programs of Damar as well as undertaking all of the QA/QC work on the programs. Snowden is also retained to produce an updated NI 43-101 report by the end of Calendar 2010.
post #10 of 82
Thread Starter 
Up to .395
post #11 of 82
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Monument Achieves Commercial Gold Production
Sep. 20, 2010 (Filing Services Canada) -- Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), is pleased to announce it has advanced its Selinsing Gold Mine in Pahang State, Malaysia and has now achieved commercial production, effective September 2010.

The board of Monument, in consultation with its auditors, has approved criteria used to determine the point at which commercial production is achieved under Canadian General Accepted Accounting Principles. In reviewing its operational results, the board has resolved that those criteria have been met and the commercial production has therefore been declared.

The announcement of commercial production follows on from a successful commissioning of the newly built 400,000 tpa gold treatment plant comprised of the gravity circuit and the carbon in leach ("CIL") circuit, which has continuously processed open pit ores at an average monthly mill throughput of 30,000 tons with a 90% average total gold recoveries for consecutive 30 days
From the first gold pour on October 31, 2009 to date, a total 21,000 ounces of gold has been produced from the first open pit of the Selinsing Gold Mine. The Company will be providing regular updates on its gold production as part of its quarterly financial disclosure.
post #12 of 82
Thread Starter 
up to .47
post #13 of 82
Thread Starter 
Up to .51 on good volume.
100 % since first post in July.
post #14 of 82
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Monument Recommences Gold Exploration on Malaysian Properties
Sep. 22, 2010 (Filing Services Canada) -- Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), ("Monument" or the "Company") is pleased to announce that the board of directors has approved a $3.4 million budget to immediately recommence exploration at its wholly owned properties in Pahang State, Malaysia. The 12 month program consists of 116 drill holes totaling 18,390 meters on the Selinsing, Damar Buffalo Reef and Famehub properties.

The exploration programs will focus on two primary properties:

Selinsing Property exploration program includes 22 drill holes comprising 1,000m RC drilling and 3,000m diamond drilling and is budgeted at $0.6 million. The drill program is aimed to increase the reserves by converting the inferred resources below the present Selinsing open pit outline and is projected to be completed by March 2011.

Buffalo Reef Property exploration program includes 33 drill holes comprising 2,500m RC drilling and 3,200m diamond drilling and is budgeted at $0.8 million. The drill program is an extension to the previous 11,871m of shallow RC drilling programs completed in 2008. It is aimed to convert the inferred resources into measured and indicated, and to update the JORC Code compliant gold resource to NI 43-101 standards. Metallurgical and recovery test work will also be performed on the Buffalo Reef ore as part of the program.

In conjuction with extensive exploration programs at Selinsing, Buffalo Reef and the Famehub properties, the Selinsing Gold Mine is scheduled to produce approximately 40,000 ounces of gold in its first year at an estimated average operating cash cost of approximately $317 per ounce with an initial five year mine life. The gold treatment plant has a current capacity of 400,000 tpa with a proposed capacity expansion through the addition of an additional milling circuit to the existing plant.
post #15 of 82
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Oct. 4, 2010 (Filing Services Canada) -- Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), ("the Company", or "Monument") announces it has granted 3,000,000 incentive stock purchase options to its directors and officers.

The board of directors has granted 3,000,000 stock options (the "New Options") to certain of its directors, officers exercisable at $0.415 per share for a period of five (5) years vesting from zero to two years. The grant of the New Options exceeds the maximum number of options that may be granted under the 2009 Stock Option Plan and is subject to shareholder approval and the acceptance of the Exchange.
post #16 of 82
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Nov. 1, 2010 (Canada NewsWire Group) --

VANCOUVER, Nov. 1 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" is pleased to announce that the official Selinsing gold mine opening ceremony was held on Thursday 28th October, 2010 and officiated by the Chief Minister of Pahang State Dato' Sri Di Raja Yang Amat Berhormat Dato' Sri Haji Adnan Bin Haji Jaakob. The Company has received congratulations and warm support from the Pahang State Government for its investment and development in Malaysian gold resources.

The Chief Minister of Pahang State along with State Cabinet members, about hundred and twenty state officials and local community leaders were present in the event. Shareholders, the Company's directors and officers, and other guests from Europe, Australia and Canada also participated in the official opening among the approximately five hundred participants. The Selinsing gold mine, owned 100% by Monument, commenced commercial gold production in September 2010 at its first open pit and process plant located in Pahang State, Malaysia.
post #17 of 82
Thread Starter 
Up to .67
post #18 of 82
"Monument's 2011 First Quarter Results
Gross Revenue of $10 M from 8,860 Oz Gold Sales at Cash Cost $202/Oz"

Seriously?! $202 cash cost?
post #19 of 82
Thread Starter 
Very good quarter and even better when you realize that most of the production was from the last month (Sept) of the quarter when they got the mine into full production.

Our official Selinsing Gold Mine Opening Ceremony was held on October 28th, 2010 in Malaysia.

Gwen Preston, the Western Editor of The Northern Miner attended this on site ceremony and resulted
in a front page cover story titled, "Monument Makes it Happen in Malaysia". The Northern Miner is the world`s
leading mining publication and has been published since 1915.
post #20 of 82
Thread Starter 
Monument's 2011 Second Quarter Results
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