Mount Gibson announces another dividend

WESTERN Australian iron ore miner Mount Gibson Iron may be in a transitional phase, as it progressed transformation of its high-grade flagship Koolan Island mine and completed construction of its new Shine mine over 2020/21, but soaring commodity prices for the six months delivered it a far better year than it may have hoped.

Mount Gibson announces another dividend Mount Gibson announces another dividend Mount Gibson announces another dividend Mount Gibson announces another dividend Mount Gibson announces another dividend

Koolan Island production is expected to produce 2-2.2Mt this year

The company, which is expected to announce the first export from Shine today, produced 1.8 million tonnes of Koolan Island fines during the 12 months to June 30, plus 1.