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Fenix Resources to acquire Mt Gibson Mid West iron ore, port and rail assets

Fenix Resources to acquire Mt Gibson Mid West iron ore, port and rail assets
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Iron ore prices decline and rapid rise in shipping rates – another iron ore miner halts operations

After Venture Minerals (ASX:VMS) announced on September 17 that it is temporarily halting iron ore shipments from its Riley iron ore mine in Tasmania due to the metal’s recent precipitous fall, another miner followed suit. Mount Gibson Iron Limited said today that given recent significant adverse movements in iron ore prices, product discounting and shipping .

Why CBA, Mount Gibson, Pilbara Minerals, & Virgin Money shares are dropping

Commonwealth Bank of Australia (ASX:CBA) and Pilbara Minerals Ltd (ASX:PLS) shares are two of four dropping on Friday.

Surveyor - Australian Mining industry at Mount gibson iron

May 20, 2021 Surveyor Mount Gibson Iron Limited is an established independent Australian producer of premium quality direct shipping iron ore (DSO) with assets in the Kimberley and Mid-West regions of Western Australia. Mount Gibson’s flagship operation is the Koolan Island mine, located approximately 140km north of Derby in the Buccaneer Archipelago in the Kimberley. The mine is Australia’s highest-grade producer of direct-shipping grade hematite, with an average Ore Reserve grade of 65.5% Fe and a current mine life of +5 years. Here at Mount Gibson, we are committed to investing in your development to help you reach your full potential. We offer a unique work experience with supportive management and career opportunities.

Mining Engineers - Australia at Mount Gibson Iron Ore

May 20, 2021 Mount Gibson Iron Limited is an established and independent Australian producer of premium quality direct shipping iron ore (DSO) with assets in the Kimberley and Mid-West regions of Western Australia. Our high-grade Koolan Island Operation is located approximately 140 kilometres north of Derby in Yampi Sound off the northern Kimberley coast of Western Australia. Koolan is now fully operational with the first shipment since the wall rebuild having set sail in April 2019. We are now seeking to employ Mining Engineers to join the team at our Koolan Island Operation for permanent positions on a Fly in Fly out roster from Perth, Broome or Derby.

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