Business
Mount Gibson to deliver first iron ore at Shine next year – Australian Mining
Mount Gibson Iron is targeting the delivery of first ore sales from the Shine iron ore project in Western Australia for mid-2021.
Mount Gibson Iron is targeting the delivery of first ore sales from the Shine iron ore project in Western Australia in mid-2021.
The company aims for a direct shipping ore (DSO) production rate of 1.5 million wet metric tonnes a year based on stage one proven ore reserves of 2.8 million tonnes grading 59.4 per cent iron.
The mine has a total Hematite mineral resource of 10.8 million tonnes grading 58.2 per cent iron.
The stage one pit is forecast to yield around 2.9 million wet metric tonnes …
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