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15 Jul
01:00

Mount Gibson revenues take heavy hit on tumbling ore price

Full year results for West Australian mining junior Mount Gibson have highlighted the extremely challenging environment which junior iron ore miners worldwide have been facing in the first half of 2015. In a challenging commercial environment, sales revenues fell heavily in FY15, the miner confirms in its operating report monitored by Kallanish. In FY14 full year sales were AUD 898 million ($663m) but these tumbled to AUD 325m in the financial year just fini…
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