MGX 2.38% 43.0¢ mount gibson iron limited

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    Mount Gibson Iron Limited (ASX:MGX) has affirmed its annual output guidance after posting third quarter sales of 2 million wet metric tonnes of iron ore, in line with the same period last year.


     


    The iron ore miner says that despite short term weather related interruptions, their sales for the first nine months hit a record 7.1 wet metric tonnes. 


     


    CEO Jim Beyer says the company is on track to achieve full year ore sales of 9.5 million tonnes which is at the upper end of their full year guidance.


     


    Mount Gibson made a net profit of $78.3 million in the first half of the 2014 financial year.

 
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