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Mount Gibson trims production guidance

NICHE iron ore producer Mount Gibson Iron says it remains on the cusp of accelerating shipments from its flagship Koolan Island mine, and beginning a rebuild of its dwindling cash position after two years of reinvestment and repairs, but it has cut full year guidance due to one-off events.

 The Main Pit is now delivering consistent ore

The Main Pit is now delivering consistent ore

Mount Gibson's waste stripping operations are winding up, and it expects to hit its target 1:1 waste-to-ore ratio by mid-year as planned, however the floods that have washed over Western Australia's Kimberley...

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