Mount Gibson Iron Ltd | MGX

Stock Price
0.40
Daily Change
2.60%
Yearly
-54.60%

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Mount Gibson Iron Ltd
Mount Gibson Iron Limited is an Australia-based company engaged in producing iron ore products. The Company operates through two segments, which include Mid-West and Koolan Island. The Mid-West segment includes the crushing, transportation and sale of iron ore from the Extension Hill and Shine iron ore deposits and the port facilities at Geraldton Port. The Koolan Island segment includes the mining, crushing and sale of iron ore from the Koolan Island iron ore operation. Its Koolan Island is located in the Buccaneer Archipelago, approximately 140 kilometers north of Derby. The Company’s Shine Iron Ore Project (SIOP) is located 85 kilometers north of the Company’s Extension Hill operation and approximately 375 kilometers northeast of Perth in the Mid-West region of Western Australia. The Company’s subsidiaries include Mount Gibson Mining Limited, Geraldton Bulk Handling Pty Ltd, Gibson Minerals Ltd and Aztec Resources Limited.