Mount Gibson Iron

Mount Gibson Iron will have a leadership change at the end of the month, which chief financial officer Peter Kerr to succeed Jim Beyer as chief executive as the latter pursues other opportunities.

Former Mt Gibson Iron boss Jim Beyer will take the reins as managing director of Regis Resources next month, while director James Mactier will take over as chair, after executive chairman Mark Clark announced his resignation.

BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.

Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.

Mount Gibson Iron is set to become Australia’s highest-grade exporter of direct-shipping hematite iron ore when its first shipment leaves from Koolan Island later today.

The price rebound this year has sparked renewed mining interest in at least eight previously mothballed projects.

Directors of several Perth-based ASX-listed companies have undertaken substantial share transactions in the past fortnight, with Peter Bradford, Peter Cook and John Welborn among those taking advantage of the trading window after the release of their annual results.

In an initiative led by the Chamber of Minerals and Energy of WA, the Western Australian resources sector has pledged $6.6 million to Royal Flying Doctor Service Western Operations, Foodbank WA and Lifeline WA.

Almost half of revenue reported by WA’s top 20 public resources companies can be attributed to iron ore miners amid an industry boom.

Mount Gibson Iron is targeting first ore sales from its previously deferred Shine operations in Western Australia by mid-next year.

Mount Gibson Mining is investigating options to extend the life of WA’s oldest iron ore mine.

Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.

Shares in WA’s gold and iron ore miners have shot up as the value of both commodities rose to impressive highs overnight.

As firefighters attempt to contain an out-of-control blaze in Perth's east, the state’s peak resources body has established an initiative to raise much-needed funds.

Some of Australia’s largest corporations are digging deep to raise funds for those affected by the devastating fire in Perth’s north-east.

Another iron ore boom has produced a long list of aspiring miners. We dig deep to assess who is likely to make it.

Listed contractor NRW Holdings has secured new work through its Primero business, including on two iron ore projects in Western Australia.

The mining industry is turning green, but ‘old’ sectors like gold and iron ore are still attracting keen support.

Three Perth dealmakers are behind an early-stage iron ore explorer that is seeking to list on the ASX despite ongoing disputes with its neighbour on Cockatoo Island.

Mount Gibson Iron’s Shine project in the Mid West could become the fourth iron ore mine to halt operations this month after the company called a trading halt.

Mount Gibson Iron is suspending operations at its Shine site due to falling iron ore prices and high shipping costs, making it the fourth miner to close in recent weeks.

Analysts argue iron ore prices won’t have to fall far to inflict pain.

Mount Gibson Iron is assessing the damage caused by a fire at its Koolan Island operation last week and forewarned investors of a $150 million write-down on the asset due to waning commodity prices.

Mount Gibson Iron has disclosed that repairs to its Koolan Island processing plant will take at least four months, affecting its planned increase in iron ore sales.

Mount Gibson Iron is upping its damages claim against engineering firm GHD to almost half-a-billion dollars, eight years after a seawall collapse forced the closure of its Koolan iron ore mine.

Managing editor Sean Cowan talks about the AFL's latest TV rights deal and what it means for the competition's growth.

Fenix Resources is set to buy Mount Gibson Iron's Shine iron ore mine on care and maintenance and its rail and port assets in the Mid West under a $25 million deal.

Iron ore producer Fenix Resources has finalised its acquisition of Mount Gibson Iron’s Mid West iron ore, port and rail assets.

Doubts over the direction of the iron ore price have fostered talk of lean times ahead for the industry.

Koolan Island iron ore mine is a celebrated part of WA’s mining history but plans for its rehabilitation and the island’s future are well under way.

Mount Gibson Iron has finalised a $27 million business interruption insurance payout arising from a 2022 fire at its Koolan Island processing plan.The fire ripped through the processing plat on August 12, 2022, leading to a four-month-long operation to return the site to capacity.

Koolan Island’s high-grade ores have tripled Mount Gibson Iron’s cash reserves to $442 million in the past year amid a volatile price climate.

The Royal Australian Air Force is assessing areas across the north-west for additional sites to store fuel as part of plans to expand military presence in the region

A Chinese stimulus package announced yesterday afternoon designed to spark property investment has resulted in a $21.4-billion boost to WA’s iron ore players on the stock exchange.

Higher costs have put a dampener on strong exports from Fortescue’s Pilbara iron ore mines over the past quarter.

Traditional owners have put forward their plan to turn Koolan Island in the Kimberley into a cultural tourism hub once iron ore mining ceases.