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Mt Gibson chief executive Jim Beyer.

Mt Gibson gets $86m insurance settlement

Shares in Mount Gibson Iron have soared on news the iron ore miner received an $86 million property damage insurance payment for the collapse of a seawall at its Koolan Island mine in 2014.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
155thTroy Resources86%-38%
164thMedusa Mining79%-20%
253rdMount Gibson Iron39%2%
534thTribune Resources-10%38%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/05/18
$12.0m Bought
13/03/18
$222k Bought
17/06/16
$50k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

24th↓Mount Gibson Iron$167.9m
27th↑Tribune Resources$136.7m
28th↓Medusa Mining$130.0m
30th↓Tiger Resources$113.2m
32nd↑Troy Resources$92.2m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Mount Gibson Iron

80thJim Beyer$806k
158thPeter Kerr$596k
207thDavid Stokes$520k
Ranked by total remuneration from all listed WA companies

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