BULKS

Iron ore slump takes Shine out of Mount Gibson

ANOTHER smaller Australian iron ore mine has bitten the dust, with Mount Gibson’s newest mine, Shine, in Western Australia’s to be suspended, just weeks after operations commenced.

Mt Gibson's team at the start of mining in March

Mt Gibson's team at the start of mining in March

A host of mines have shuttered in recent weeks as prices for the bulk commodity have tumbled, including Riley in Tasmania, and both C4 and Ridges in WA. Mount Gibson is adding Shine to that list...

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