MGX mount gibson iron limited

A recent interview with Peter Kerr from a news article from 10th...

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    A recent interview with Peter Kerr from a news article from 10th August 2023 . . .

    While Koolan Island is Mount Gibson’s main operation, the company is aiming to branch out into other materials. Mr Kerr said the company’s next focus is

    on base metals. “As we’ve noted for some time, our longer-

    term ambition is to extend the life of our business beyond the current Koolan

    Island life by harnessing cashflow from Koolan Island to invest in new resources development and production opportunities, notably in other commodities such as base metals,” he said.

    “We’ve already stepped up our internal exploration activities, focused on base

    metal in the general vicinity of our closed Tallering Peak mine in the Midwest, where we’ve been conducting small scale drilling programs at several locations to better understand the regional geology.

 
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Last
25.5¢
Change
-0.005(1.92%)
Mkt cap ! $300.7M
Open High Low Value Volume
25.8¢ 26.0¢ 25.5¢ $94.28K 366.5K

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26.0¢ 446065 20
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