CAPITAL MARKETS

Mount Gibson weathers the weather

MOUNT Gibson Iron says it’s on track to meet the upper end of its ore sales guidance range of 9-9.5 million tonnes, despite bad weather reducing tonnes shipped by 19% over the March quarter.

Justin Niessner
Mount Gibson weathers the weather

Standard direct shipping ore sales were down 46.9% over the quarter to 1.4Mt, contributing to an 18.9% drop in total ore sales for the period to 2Mt. This performance coincided with an 11.1% fall...

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