Ore production and shipping volumes at Koolan Island have increased significantly as mining access to the high grade Main Pit orebody steadily expanded over the June 2022 quarter, in line with the mine plan.
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Mount Gibson benefits from strong iron ore prices
Mount Gibson has sold 2.3 metric tonnes of iron ore in the first half of the 2021 financial year ahead of entering a new phase of operations at the Koolan Island mine in Western Australia.
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Mount Gibson to enjoy jacked up sales from Koolan Island development
Mount Gibson Iron has set its ore sales target for the 2021 financial year on the back of improving sales expected from the Koolan Island operation in Western Australia.
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Mount Gibson cautiously withdraws sales guidance
Mount Gibson Iron has withdrawn its sales and cost guidance for the 2020 financial year amid uncertainties surrounding the global COVID-19 situation.
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Mount Gibson overcomes Cyclone Blake at Koolan Island
Mount Gibson Iron is looking on track to meet its production targets despite Tropical Cyclone Blake interrupting January operations.
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Mid-tier miners make progress with diversity
Gender diversity is at the top of the agenda for many firms, not as a societal obligation but because of the real value it delivers.
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Mount Gibson confident in ore quality amid reserve reduction
Mount Gibson’s reduction in iron ore mineral resources and ore reserve estimates in the 2019 financial year has been attributed to mining depletion at a number of its operations.
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Mount Gibson reaps the benefits of iron ore price surge
Mount Gibson Iron has capitalised on a surging iron ore price and high-grade ore from its flagship Koolan Island mine in the Kimberley throughout the 2019 financial year.
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Mount Gibson restart at Koolan Island makes the grade
Mount Gibson Iron has reported a positive restart to production at the Koolan Island operation in Western Australia, marking a “key transition period” for the company.
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Premium iron ore demand opens door for mid-tier companies
An increase in global demand for high quality iron ore coupled with a supply shortage has some of Australia’s lesser known mining companies optimistic.
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Mount Gibson restarts Koolan Island shipments to China
Mount Gibson Iron has restarted sales of high grade iron ore from its Koolan Island operation in the Kimberley region of Western Australia following an extensive flood damage in 2014.
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Koolan Island restart on track for Mount Gibson
Mount Gibson Iron's recommencement of operations at the Koolan Island iron project in Western Australia is scheduled to start by the end of March 2019.
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BGC appoints CFO and board members
BGC has appointed Alan Tate as chief financial officer, following the retirement of Andrew Teo as the group CFO after 35 years of service.
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Mount Gibson positive ahead of Koolan Island restart
Mount Gibson Iron has geared up for the restart of the Koolan Island operation with a robust performance in the 2018 financial year.
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Mount Gibson on track to benefit from premium iron ore demand
Mount Gibson Iron has bolstered its high-grade iron ore reserves at the Koolan Island restart project in Western Australia as demand for premium product strengthens.
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Mount Gibson Iron to receive $64m settlement for wall collapse
Mount Gibson Iron will receive a $64.3 million business interruption insurance settlement following the failure of the Koolan Island main pit seawall in October 2014.
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Mt Gibson to sue over ‘catastrophic’ wall collapse
Mount Gibson Iron is suing the engineers responsible for building the Koolan Island mine seawall, which collapsed last year, flooding the mine.
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Oil and gas logistics hub planned for Koolan Island
Koolan Island has been flagged for establishment of a new logistics base to service the oil and gas industry in Western Australia.
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Mount Gibson faces $950 million writedown
Iron ore miner Mount Gibson has announced a $950 million writedown due to the low price of iron ore and the closure of its Koolan Island mine.
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Koolan Island workers stood down
With a huge damming and dewatering operation on their hands, Mount Gibson Iron have stood down around 200 workers.
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