03:19 PM EST - MDN Inc. : reported to its shareholders that African Barrick Gold plc (ABG), the project operator at the Tulawaka gold mine in Tanzania, in which MDN has a 30% participating interest, announced first-half operational results. Gold production at Tulawaka (100%) for the first half was 41,131 ounces, an increase of 49% compared to the same period last year. The increase in production was driven by higher grade underground zones being mined, as well as a greater proportion of the ore milled in the process plant coming from underground compared to the previous year. For the first half 2011, cash costs per ounce of $686 U.S. were slightly higher compared to the same period last year ($641 U.S./ounce). MDN Inc.
shares T.MDN are trading up $0.005 at $0.33.