11
Nov
20:19
Mount Gibson sees strong first quarter FY16
Australian iron ore junior Mount Gibson says that it has seen a strong operating performance in Its September quarter, the first operating period of its 2016 financial year. The company plans to increase sales and lower costs in FY16 Kallanish notes.
Group ore sales were 1.1 million tonnes in Q1 15, generating ore sales revenue of AUD 54 million ($38.1m) on a fob basis. All in group cash costs were AUD 52/wet metric ton fob. This figure includes all operating an…
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Anonymous
Very good overview of the weekly steel market.
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