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Mount Gibson delivers profit despite further impairment

Buy-back announced as iron ore miner trades below cash backing

Haydn Black
Koolan Island facilities. Credit Mount Gibson

Koolan Island facilities. Credit Mount Gibson

Mount Gibson Iron's coffers are groaning with cash, so as part of its FY24 year-end accounts, it has launched a share buyback, claiming it is being undervalued by the markets. The program will last...

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