CAPITAL MARKETS

Iron ore miner Mount Gibson delivers big loss

WHEN Mount Gibson Iron CEO Peter Kerr delivered the iron ore miner’s half-yearly results today, he knew they would appear terrible, but the numbers tell only part of the story.

 Koolan Island is expected to deliver more in 2022

Koolan Island is expected to deliver more in 2022

Mount Gibson's revenue was down 89% to A$29 million and its net profit after tax plunged a bruising 188% to deliver a loss of $66 million, however the company has been spending hand-over-fist because its...

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