Koolan Island

Koolan Island: Main pit closed for repairs

Mount Gibson has closed Koolan Island iron ore mine’s main pit to repair a section of sea wall.

Management told The Australian repairs are expected to take about four weeks, and all workers had been redeployed to another pit.

The Australian [read this story]

 

 

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Monday, October 27th, 2014 Business and finance Comments Off

Koolan Island’s iron ore brings record profits

The owner of Koolan Island mine has posted record half-yearly profits, despite delays caused by rain.

Mount Gibson’s shares also rose by 3.5 cents.

PerthNow [read this story]

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Thursday, January 23rd, 2014 Business and finance, Derby Comments Off

Season’s greetings to all our readers

Merry Christmas to all of our readers, and if you are driving, please drive safely.

For those of you who are not spending Christmas in the Kimberley, here is Peter Strain’s video of Turtle Reef near Koolan Island.

 

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Wednesday, December 25th, 2013 Environment Comments Off

Broome, Wyndham: Port authorities to combine

A new Kimberley Port Authority would manage all Kimberley ports under a new government plan.

The new agency would manage the ports of Wyndham, Derby, Cockatoo and Koolan Islands, Broome, and the planned port at James Price Point.

Sydney Morning Herald [read this story]

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Friday, February 3rd, 2012 Broome, Derby, Government, Wyndham Comments Off

Koolan Island: Chinese company owes $114million

Koolan iron ore mine’s owner is owed more than $114million in bad debts by a Chinese company.

Mount Gibson Iron, which also has a mine in the state’s mid-west, said the defaulting company had continued to buy iron ore from others.

ABC [read this story]

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Tuesday, February 8th, 2011 Business and finance 114 Comments
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