MGX mount gibson iron limited

Oct 1 (Reuters) - Mount Gibson Iron Ltd (MGX) : SHINE...

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    Oct 1 (Reuters) - Mount Gibson Iron Ltd (MGX) :

    • SHINE OPERATIONS TO BE RAMPED DOWN AND SUSPENDED AFTER NEXT PLANNED SHIPMENT AT MONTH END
    • DECISION REFLECTS A RAPID DETERIORATION IN IRON ORE PRICES
    • WILL IMPLEMENT STAGED SUSPENSION OF OPERATIONS AT SHINE MINE SITE TO REDUCE EXPENDITURE AND PRESERVE VALUE OF DEPOSIT
    • SUSPENSION OF SHINE DOES NOT IMPACT KOOLAN ISLAND OPERATION
    • WILL ALSO WORK WITH ITS CONTRACTORS AND LOCAL COMMUNITIES TO LESSEN IMPACTS OF THIS NECESSARY ACTION
    • IN LIGHT OF PLANNED SUSPENSION OF OPERATIONS AT SHINE, SALES GUIDANCE FOR SITE IS WITHDRAWN FOR 2021/22 FY
 
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(20min delay)
Last
37.5¢
Change
-0.005(1.32%)
Mkt cap ! $442.6M
Open High Low Value Volume
38.0¢ 38.5¢ 37.5¢ $419.7K 1.105M

Buyers (Bids)

No. Vol. Price($)
5 278233 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 1830088 6
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MGX (ASX) Chart
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