A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of five million tonnes.
It reported sales revenue of $240 million for the 12 months to the end of June.
The company said group cash costs declined to $50 per wet metric tonne in the June quarter, also in line with the $50 to $54 per tonne cost guidance.
"More buoyant conditions in recent weeks and our strong performance in the June quarter provided Mount Gibson with an excellent finish to the year," chief executive Jim Beyer said.
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