CAPITAL MARKETS

Investor jitters as Mount Gibson profits soar

MOUNT Gibson Iron was trading 12% lower this morning despite confident talk of Chinese iron ore demand more than doubling of the company’s half-year profit.

Justin Niessner
Investor jitters as Mount Gibson profits soar

Net profit after tax for the six months to December increased 111% versus the first half of fiscal 2013 to $A78.3 million Ore sales for the half year were a record 5.1 million tonnes, allowing for...

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