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Inconsistent and fluctuating production levels is a constant challenge in the mining industry.
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MOUNT Gibson Iron has continued to generate strong performance and proved its ability to generate positive operating cashflow in a low price environment.
The Koolan Island mine
While the company’s financial performance was impacted by the weaker iron ore price compared to the previous year, implementation of strategies at Extension Hill and Koolan Island mine sites helped
High grade iron ore on the island starting to pay dividends.
