MGX 1.64% 30.0¢ mount gibson iron limited

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    MGX

    Tallering Peak - is a modern efficient mining operation with a sustainable Life of Mine Plan that should see the mine continue to produce 3Mtpa each year until 2013. (100% MGX)

    Extension Hill Project - Hematite deposit has JORC-compliant Probable Reserves of 12.8 million tonnes and Resources of 19.5 million tonnes. The Company completed a definitive feasibility study in August 2007, which confirmed that a 3Mtpa hematite mining operation will generate strong financial returns (proven)

    The Koolan Island- hematite mining operation. Koolan Island has resources of 69.1 million tonnes @ 62.8% Fe, including reserves of 29.4 million tonnes at 63.7% Fe. Koolan iron ore is very high quality and low in impurities. Hematite production at Koolan Island recommenced in early 2007 with the first shipment achieved in June 2007 and is expected to reach its targeted ore production rate of 4Mtpa in 2010. (100% MGX)


    MMX
    Jack Hills Iron Ore Project. Murchison and Mitsubishi each own a 50% interest in Crosslands.- In the year to 30 June 2008, the Jack Hills mine produced 1.61 million tonnes of ore, of which 1.34 million tonnes was shipped to customers in North Asia (only 50% of interest)

    Rocklea Project - Murchison intends to rapidly advance all necessary environmental and heritage approvals and begin drilling in the second half of 2008. (needs to be proven)

    Weld Range Project - The Weld Range Project has not had any recent exploration activity conducted - Initial exploration activities are planned to be conducted on these deposits in the coming year (needs to be explored)


    NJ


 
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Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $365.5M
Open High Low Value Volume
30.5¢ 30.5¢ 29.5¢ $369.5K 1.232M

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No. Vol. Price($)
2 99993 30.0¢
 

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Price($) Vol. No.
30.5¢ 180244 3
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