Mount Gibson Iron Sea Wall

The company commenced production at its first mine tallering peak in the mid west region of wa in late 2003 and shipped its first cargo in early 2004 becoming wa s first independent iron ore exporter in almost a decade.

Mount gibson iron sea wall.

Mount gibson iron is suing the engineers responsible for building the koolan island mine seawall which collapsed last year flooding the mine. We produce and sell the highest grade direct ship iron ore products in australia. He served as the chief financial officer of mount gibson ir. A company photograph of mount gibson iron ltd s operations on koolan island off the coast of wa.

Last week the mine s pit wall collapsed and filled with seawater. Miner mount gibson iron announces it will spend nearly 100 million rebuilding a collapsed seawall in order to restart production at the remote koolan island mine. Mount gibson iron acquired the project through its successful takeover of aztec resources in early 2007 and had successfully passed the 20 million tonne milestone before the seawall collapsed in. Mount gibson iron limited asx code.

Based on the prevailing exchange rate and premiums for ore with a 65 per cent iron content the mine could be operating at margins of more than 50 t. Kerr b comm ca f fin m ausimm m aicd has been the chief executive officer at mount gibson iron limited since october 1 2018. The junior miner and subsidiaries aztec resources and. Mgx is an independent australian producer of high quality direct shipping grade iron ore products with assets in the kimberley and mid west regions of western australia.

Loved the place but the sea wall has given way logistics supervisor mount gibson koolan island current employee koolan island wa mount gibson iron 10 december 2015 great place but the sea wall has given way so the pit is flooded and it will be at least 12 18 months before its rebuilt if they rebuild it. Mount gibson iron is suing an engineering firm for negligence over the catastrophic collapse of a seawall at a wa mine site last year.