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<WIRE> Rock Fall Occurs in Section of Main Pit, Reports Mount Gibson Iron (ASX:MGX)



Mount Gibson Iron (ASX:MGX) recently reported a localized rock fall in a section of the eastern footwall of its main pit at Koolan Island.

Fortunately, no injuries or equipment damage resulted from the incident.

The company further clarified that the area affected by the rock fall is not being actively mined at the current point in time.

In addition, it confirmed that ore production is not scheduled in the affected location until the March 2024 quarter.

A comprehensive geotechnical assessment of the situation is now in progress.

Despite the rockfall incident, mining operations remain unaffected, and the iron ore sales for the current September 2023 quarter are on track with the company’s plan.

Mount Gibson Iron is a well-renowned company active in the mining sector - a global explorer, developer, and mining operator.


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