Mount Gibson delivers dividend ahead of Koolan restart

SHAREHOLDERS in Mount Gibson Iron are set to receive a dividend of A3c per share as part of a reinstated dividend reinvestment plan after the miner delivered a healthy profit even before it has completed its transition from Western Australia’s Mid West region to its Koolan Island operations in the state’s north.

Mount Gibson delivers dividend ahead of Koolan restart Mount Gibson delivers dividend ahead of Koolan restart Mount Gibson delivers dividend ahead of Koolan restart Mount Gibson delivers dividend ahead of Koolan restart Mount Gibson delivers dividend ahead of Koolan restart

Trucks ready to start mining at Koolan Island.

The fully franked dividend and reinvestment plan, which was mothballed five years ago, comes as the company witnessed revenues up 37% to $266 million, once discontinued operation at Tallering Peak

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