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Mount Gibson Iron Ltd (MGX.AX)

MGX.AX on Australia Stock Exchange

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25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Mount Gibson Iron announces termination of Iron Hill offtake agreement
Wednesday, 5 Jul 2017 07:22pm EDT 

July 6 (Reuters) - Mount Gibson Iron Ltd :Termination of iron hill offtake agreement.Termination follows Sinogiant's failure to comply with a fundamental term under offtake agreement.Formally terminated an offtake agreement entered into with Sinogiant Steel Holdings Group on 24 November 2016.  Full Article

Mount Gibson Iron terminates agreement with Xinyu Iron And Steel
Sunday, 18 Jun 2017 06:45pm EDT 

June 19 (Reuters) - Mount Gibson Iron Ltd :Formally terminated an offtake agreement entered into with Xinyu Iron And Steel Group Limited.Termination follows Xinyu's failure to comply with a fundamental term under offtake agreement.Company is now free to place all production previously committed to Xinyu under this agreement with alternative customers.  Full Article

Mount Gibson Iron announces 2016/17 financial year forecast
Tuesday, 16 Aug 2016 06:37pm EDT 

Mount Gibson Iron Ltd : Expects annual sales for 2016/17 financial year to be 2.8-3.1 mwmt of iron ore at an average all-in group cash cost of $48-52/wmt fob . Expects all-in site cash costs at extension hill to remain in a range of $44-46/wmt for 2016/17 financial year .  Full Article

APAC Resources says unit has acquired shares in Mount Gibson Iron<1104.HK>
Thursday, 23 Jun 2016 08:14am EDT 

Apac Resources Ltd <1104.HK>: Unit has acquired in aggregate 16.8 million shares in Mount Gibson for an aggregate consideration of approximately A$3.9 million .  Full Article