middle.news
Mount Gibson Bets $50M on Central Tanami Gold Amid $82M Loss
8:47pm on Friday 29th of August, 2025 AEST
•
Mining
Read Story
Mount Gibson Bets $50M on Central Tanami Gold Amid $82M Loss
8:47pm on Friday 29th of August, 2025 AEST
Key Points
FY25 net loss of $82.2 million after $90.4 million impairments
Iron ore sales down to 2.6 million wet metric tonnes at Koolan Island
Cash and investments remain strong at $484.6 million
Acquisition of 50% stake in Central Tanami Gold Project for $50 million
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Mgx Resources (ASX:MGX)
OPEN ARTICLE