No employees are at risk, with all mining personnel working in Main Pit redeployed to other scheduled mining activities. Operations outside Main Pit are continuing as normal, and production in the Acacia East pit has been accelerated.
A slump , which has potentially reduced the effectiveness of a small section of the seawall, occurred on 24 October 2014 . Ba sed on evaluation over the weekend, Mount Gibson anticipates it will take approximately four weeks to complete remedial work necessary to repair the affected area and recommence production in Main Pit.
The Company anticipates that approximately four iron ore shipments from Koolan Island will be de layed from the December quarter , and maintains its full year sales guidance of 6.6 to 7.0 million tonnes.
Mount Gibson continues to monitor the situation and will provide further updates as appropriate.
