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21 Oct
14:49

Mount Gibson sees ore sales volumes rise on-quarter

Australian mining junior Mount Gibson posted an on-quarter rise in total iron ore sales in the first quarter of its 2017 financial year ending 30 September 2016. The miner’s quarterly average realised price remained static as revenues fell due to a surfeit of low-grade ore sales, the miner says in a statement monitored by Kallanish. The company has provided group sales guidance of 2.8 to 3.1 million wet metric tons at an average all-in cash cost of AU…
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