Mount Gibson finally makes its move on Aztec *UPDATED**

THE long-anticipated consolidation in Australia’s junior iron ore sector has begun, with Mount Gibson Iron Ore saying its proposed merger with Aztec Resources could create a $600 million company capable of producing around 9.5 million tonnes of hematite ore per annum by 2009.

Mount Gibson finally makes its move on Aztec *UPDATED** Mount Gibson finally makes its move on Aztec *UPDATED** Mount Gibson finally makes its move on Aztec *UPDATED** Mount Gibson finally makes its move on Aztec *UPDATED** Mount Gibson finally makes its move on Aztec *UPDATED**

Mount Gibson today launched its bid for Aztec, which values the latter at 26.3c per share, following speculation in the press last week regarding a potential takeover bid between the two companies.

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