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Mount Gibson Advances Koolan Island and Enters Gold with Central Tanami Deal

8:29am on Thursday 24th of July, 2025 AEST Mining
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Mount Gibson Advances Koolan Island and Enters Gold with Central Tanami Deal

8:29am on Thursday 24th of July, 2025 AEST
Key Points
  • FY25 iron ore sales of 2.61 million wet metric tonnes generating $331 million revenue
  • Quarterly cash outflow of $13 million due to lower prices and Koolan Island preparations
  • FY26 guidance anticipates increased shipments and reduced cash operating costs
  • Appointment of Brett Smith as Chairman in April 2025
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