Mount gibson iron has invested 170 million rebuilding the seawall to restart its kimberley coast iron ore mine.
Mount gibson iron sea wall.
Mt gibson iron s decision to spend 100 million rebuilding its koolan island project in the kimberley looks set to pay off in spades when the mine re opens early next year.
Stuart mckinnon mt gibson iron had to rebuild the seawall at its koolan island project in the kimberley after the main pit was flooded.
High tide koolan island sea wall.
Mgx is an independent australian producer of high quality direct shipping grade iron ore products with assets in the kimberley and mid west regions of western australia.
The main pit of the koolan island hematite operation flooded late last year after pit wall instability combined with high tide night caused a section of the wall to collapse.
Sea water flowed into the mine pit after the wall gave way causing flooding of the nearby iron ore mining operation.
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Miner mount gibson iron has announced it will spend nearly 100 million rebuilding a collapsed seawall in order to restart production at the remote koolan island mine.
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The crisis resulted in mount gibson slashing the majority of its koolan island workforce.
The company was forced to shut down the mine site.
Logistics supervisor mount gibson koolan island current employee koolan island wa mount gibson iron 10 december 2015 great place but the sea wall has given way so the pit is flooded and it will be at least 12 18 months before its rebuilt if they rebuild it.
The news has been welcomed in the west kimberley where hundreds of jobs have been lost in recent years due to a string of mine closures.
A company photograph of mount gibson iron ltd s operations on koolan island off the coast of wa.
Last week the mine s pit wall collapsed and filled with seawater.
It s believed more than 300 jobs were lost in the closure.
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