Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore junior Mount Gibson has placed its embattled Koolan Island mine, in the Kimberley region, on care and maintenance to preserve capital while it conducted an evaluation of the project. Operations in the Main pit were temporarily suspended last month as a precautionary measure to allow the company to monitor and repair an area of instability in the upper part of the southern pit wall.
Iron-ore junior Mount Gibson has placed its embattled Koolan Island mine, in the Kimberley region, on care and maintenance to preserve capital while it conducted an evaluation of the project. Operations in the Main pit were temporarily suspended last month as a precautionary measure to allow the company to monitor and repair an area of instability in the upper part of the southern pit wall.
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