Mount Gibson reports solid quarter

Junior Mount Gibson Iron has reported a solid quarter during the three months to December, with direct shipping ore (DSO) production reaching just over 1-million tonnes, compared with the 1.1-million tonnes in the previous quarter. “Mount Gibson delivered another strong performance in the December quarter. We maintained steady sales from the Mid-West as mining in the Iron Hill deposit wound down, and continued to make good progress at our high-grade Koolan Island restart project, in the Kimberley, where we are targeting first ore sales at the end of the March quarter,” said CEO Peter Kerr.