Mount Gibson Iron Limited

ASX:MGX ISIN:AU000000MGX7

May 26, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

Mount Gibson Iron Limited Company Summary

Mount Gibson Iron Limited (ASX:MGX) is an Australian company engaged in the mining of hematite deposits at Tallering Peak and Koolan Island; construction and development of hematite mining operations at Extension Hill, and exploration and development of hematite deposits at Koolan Island and in the Mid-West region of Western Australia. The Company’s subsidiaries include Mount Gibson Mining Limited, WHTK Pty Ltd, Geraldton Bulk Handling Pty Ltd and Aztec Resources Limited.

COMPANY DATA

	Headquarters	First Floor, 7 Havelock Street

		West Perth, WAS 6005

		Australia

	Telephone	+61-8-9426-7500

	Principal Sector	Materials

	Principal Industry	Materials

Key Developments: Mount Gibson Iron Limited

	Australian Market Report of September 23, 2010: Moly Mines Limited (ASX:MOL) Spinifex Ridge Iron Ore Project First Shipment On Track SEP 23, 2010 13:30 - Article Views: 3,533 Australian Market Report of September 23, 2010 includes; Moly Mines Limited's (ASX:MOL) (TSE:MOL) Spinifex Ridge iron ore project is on track for its first shipment in early December 2010, Falcon Minerals Limited (ASX:FCN) is ready to commence a diamond drilling programme at Collurabbie nickel-copper-PGE Project, the State Government has approved Mount Gibson Iron Limited (ASX:MGX) (PINK:MTGRF) upgrade of the train unloading facility at the Geraldton Port and UraniumSA Limited (ASX:USA) have advised that following in-fill drilling of the Blackbush Prospect within its Mullaquana Uranium Project.

	Pluton Resources Limited (ASX:PLV) Re initiation of Coverage, An Austock (ASX:ACK) Research Report AUG 23, 2010 13:31 - Article Views: 1,564 Following the recent resource upgrade and positive beneficiation test results we have reinitiated coverage of Pluton Resources (ASX:PLV). We rate PLV a Speculative Buy with a target of A$0.76/share - based on our risked DCF valuation.

	Mount Gibson (ASX:MGX) Profit Jumped in FY2010 JULY 21, 2010 17:18 - Article Views: 2,188 Mount Gibson Iron Limited (ASX:MGX) reported a record unaudited net profit after tax (NPAT) for the year ended 30 June 2010 of A$132.4 million, up from A$42.6 million last year. The company delivered a 23 per cent increase in ore production and a 20 per cent rise in ore sales, compared to the figures of previous year.

	Australian Market Report of February 12: Job Data Unexpectedly Improved FEB 12, 2010 09:30 - Article Views: 4,947 The Australian shares were stronger after an unexpectedly improved employment data. The market was also helped by a rise in Rio Tinto shares on expectation that it would follow its BHP Billiton in reporting upbeat earnings. At the close, the benchmark S&P/ASX200 index closed 40.9 points, or 0.91 per cent higher, at 4554.3 points while the broader All Ordinaries index rose 42.8 points, or 0.94 per cent, to 4575.8 points.

	Australian Market Report of January 21: Fears over China's Brake on Lending JAN 21, 2010 09:30 - Article Views: 6,650 The Australian sharemarket closed slightly higher on Wednesday. Most of the early gains boosted by BHP Billiton's report of strong half-year production were offset by the losses after news that some Chinese banks have received verbal orders to stop lending for the rest of this month. At the close, the benchmark S&P/ASX200 index added 7 points, or 0.1 per cent, at 4868.2, while the broader All Ordinaries index gained 5.5 points, or 0.1 per cent, to 4895.1.

	Fushan (HKG:0639) to Grab 14.34% Mount Gibson (ASX:MGX) Stake SEP 24, 2009 15:00 - Article Views: 6,209 Mount Gibson Iron Limited (ASX:MGX) has entered into two agreements with Fushan International Energy Group (HKG:0639), Shougang Concord International Enterprises Company Limited (HKG:0697), Shougang Holding (Hong Kong) Limited and various subsidiaries of those companies.

	Mount Gibson Iron (ASX:MGX) FY09 Net Profit Down AUG 13, 2009 15:15 - Article Views: 4,696 Mount Gibson Iron Ltd (ASX:MGX) posted a net profit after tax of A$42.6 million for the year to June 30 2009, down 62 per cent on the previous year.

	Australian Market Report of November 24: Surge Amid Bear Market NOV 24, 2008 13:00 - Article Views: 7,496 The Australian stock market staged a late rally on last Friday, with the benchmark S&P/ASX200 index closing up 63.6 points, or 1.9 per cent, at 3,416.5, while the broader All Ordinaries index gained 54.3 points, or 1.63 per cent, to 3,386.9. Market is struggling to recover with some "bear market rally" although the fundamental problems remain. Analysts said the recent fluctuation is because of uncertainty and the political factors are important at this stage.

	Australian Market Report of November 19: Fall Before Short-Selling Ban Ends NOV 19, 2008 13:00 - Article Views: 5,785 Yesterday the Australian share market closed 3.5 per cent down at fresh four-year lows, largely dragged down by banks and miners, wiping A$34 billion from the value of the market. The benchmark S&P/ASX200 index was 129.8 points, or 3.55 per cent lower at 3523.2, while the broader All Ordinaries lost 126.4 points, or 3.47 per cent, to 3513.1 led down by resource and banking stocks. Analysts said the market fell more than expected as it was closing to the end of short-selling ban.

	Australian Market Report of November 4: Good Start To November NOV 4, 2008 13:00 - Article Views: 6,429 Yesterday the Australian share market closed about 5% higher on its first trading day of November with good lead from Wall Street on last Friday and the expectation of another RBA interest rate cut. It was the share markets' fourth consecutive stronger day adding A$51 billion to the value of stocks.