08
Jul
14:22
Mt Gibson secures insurance pay-out
Mount Gibson announced on Friday that it will receive another round of insurance pay-outs which could help fund its Koolan Island project. The company will welcome some better news after cancelling most of the offtake agreements for another mine operation in recent days, Kallanish notes.
The miner will now receive another AUD 64.3 million ($49m) in insurance settlements from the collapse of a seawall and flooding at its Koolan Island mine in 2014. The pay-out br…
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Anonymous
Very good overview of the weekly steel market.
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