CAPITAL MARKETS

June quarter underpins Mt Gibson profit

IRON ore producer Mount Gibson Iron has reported a net profit of $23.6 million following the first full-year of production at its Tallering Peak operation in Western Australia.

Jesse Riseborough

June quarter underpins Mt Gibson profit

Fresh from a deal with Chinese steel maker Shougang Group, Mount Gibson reported iron ore sales for the year of 1.84 million tonnes, generating income of $77.4 million and operating profit of $28.9 million...

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