CAPITAL MARKETS

Mid West continues for Mount Gibson

MOUNT Gibson Iron sold a mere 400,000 tonnes of iron ore in the March quarter as it wound down its Mid West operations with a final shipment of stockpiled ore from its Iron Hill mine, but rebuilding is underway as Koolan Island in Western Australia’s Kimberley region resumed sales last week.

The sun is yet to set on Extension Hill.

The sun is yet to set on Extension Hill.

The miner, which has just shipped its first high-grade cargo from the resurrected Koolan Island mine, which suffered a catastrophic seawall failure several years back, still managed to generate revenue...

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