Mount Gibson Iron has announced the appointment of two new directors as the company's board grapples with a continuing rift over the independence of its chairman Geoff Hill.
The boardroom battles at Mt Gibson Iron took a strange twist this week, with the ASX's web site apparently showing that the three directors who opposed the recent election of new chairman Geoff Hil
Mount Gibson Iron has reached an in principle agreement with the Dambimangari Native Title Group for exploration of the western region of Koolan Island, which has, to date, never been drilled.
Mount Gibson Iron managing director Luke Tonkin, fresh from effectively completing the acquisition of Aztec Resources, has played down the immediate prospect of more takeovers in the junior iron ore sector.
