CAPITAL MARKETS

Portman production eases ahead of expansion

PRODUCTION at Portman’s Koolyanobbing iron ore mine in during the September quarter fell more than 59% compared to the same period in 2003 as the company prepares to expand its production capacity to 6 million tonnes a year.

Brad Ricks
Portman production eases ahead of expansion

Despite having production from both the Windarling (450,241t) and Mt Jackson (310,538t) deposits, the overall figure was down with Koolyanobbing only producing 167,205t this year as opposed to the 1.556...

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