About MGX (ASX: MGX)
MGX Resources Limited is an Australian mining and resources company engaged in the mining, processing, shipment, export, and sale of hematite iron ore, with operations spanning Australia and China. The company also conducts treasury management, mineral resources acquisition, and investment activities, making it a diversified resources business rather than a pure-play miner.
Its flagship asset is the Koolan Island mine site, situated in the Kimberley region of Western Australia, which anchors the company's iron ore production. Formerly known as Mount Gibson Iron Limited, the company adopted its current name in November 2025. Incorporated in 1996, MGX Resources Limited is headquartered in West Perth, Australia.
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Latest Announcements
- MGX Resources (ASX: MGX) – Files Q1 2026 Quarterly Activities ReportApril 24, 2026MGX Resources has completed its acquisition of a 50% stake in the Central Tanami Gold Project in the Northern Territory, marking a major milestone for the company following the $50 million cash outlay. The project has moved beyond acquisition into execution, with Macmahon Underground selected as the preferred mining contractor for the Groundrush Gold Deposit […]
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