CAPITAL MARKETS

Mount Gibson spends to save

THE cost of developing Mount Gibson Iron’s namesake iron ore mine in the Midwest region of Western Australia has nearly doubled to $750 million thanks to a change in transport plans that the junior says will save the company $1.3 billion over the life of the mine.

Rebecca Keenan
Mount Gibson spends to save

Mount Gibson has decided to transport slurry from the mine to the Port of Geraldton by pipeline instead of using a railway. It estimated the cost of the pipeline, including a return water pipeline and...

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