Mount Gibson looking beyond Koolan Island restart

WITH the Koolan Island redevelopment scheduled to start mining soon, and with the staff at its Mid West iron ore operation set to start demobilising imminently, shareholders at today’s 2018 annual general meeting were curious about where Mount Gibson Iron plans to go next, and CEO Peter Kerr had some answers.

Mount Gibson looking beyond Koolan Island restart Mount Gibson looking beyond Koolan Island restart Mount Gibson looking beyond Koolan Island restart Mount Gibson looking beyond Koolan Island restart Mount Gibson looking beyond Koolan Island restart

Koolan Island

With a cash stockpile of A$452 million, and plans to resume sales from Australia's highest grade hematite direct shipping ore mine before the end of the March quarter, Kerr said the company had been