Mount Gibson reaffirms FY guidance

Miner says it is on track to meet full-year iron ore sales guidance on solid Q3 result.

Mount Gibson Iron (MGX) says it remains on track to meet the upper end of its full-year iron ore sales guidance of 9.5 million wet metric tonnes after posting steady third-quarter sales results despite short-term weather related interruptions.

The miner reported March quarter sales of 2.02 million wet metric tonnes (wmt) of iron ore, in line with the 2.0 million wmt reported in the March 2013 quarter.

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