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Mount Gibson Iron plans to recommence mining at Koolan Island by early 2019.

Mt Gibson to restart Koolan Island

Mount Gibson Iron will spend nearly $100 million on the redevelopment of its Koolan Island iron ore mine, with the company’s board giving the green light to bring the operation out of care and maintenance.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
65thSilver Lake Resources46%1%
115thMount Gibson Iron26%-9%
140thRamelius Resources22%37%
514thWestern Areas-38%-2%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/12/18
$3k Bought
05/12/18
$10k Bought
26/10/18
$51k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

17th↑Ramelius Resources$341.8m
18th↓Mount Gibson Iron$320.6m
20th↓Silver Lake Resources$255.8m
21st↓Western Areas$250.3m
513 listed resources companies ranked by revenue.
Source: Morningstar

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