Mount Gibson Iron Limited Announces Unaudited Consolidated Production Results for the Quarter and Year to Date Ended December 31, 2017; Reaffirms Production Guidance for the Fiscal 2018
For the year to date, the company reported total waste mined of 934 kwmt, total ore mined of 2,216 kwmt, total ore crushed of 1,562 kwmt, Standard DSO Lump of 775 kwmt, standard DSO Fines of 665 kwmt and low grade of 241 kwmt.
As previously reported, the company has provided group sales guidance for the fiscal 2018 financial year of 3.5-3.8 Mwmt of ore at an average all-in group cash cost of AUD 47-52/wmt FOB.