Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore miner Mount Gibson has reported a massive decline in its iron-ore reserve estimates, following a seawall failure at its Koolan Island operation, in December of last year. Mount Gibson’s ore reserves were now estimated to be 7.1-million tonnes, grading 58.4% iron, compared with the previous reserve estimate of 44.3-million tonnes, at 62% iron.
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