Mount Gibson Iron Limited
(ASX:MGX) says it is on track to meet its fiscal 2014 iron ore sales guidance after lifting ore sales in the September quarter.
In the three months to September 30, the miner’s total ore sales were 2.6 million wet metric tonnes, up from 1.8 million wet metric tonnes in the previous corresponding period.
The group reaffirmed full-year iron ore sales guidance of nine million to 9.5 million tonnes.
Direct shipping ore product sales were 2.4 million wet metric tonnes in the quarter, up from 1.8 million wet metric tonnes in the previous corresponding period.
Chief executive officer Jim Beyer says it was the group's second-best quarterly sales result.
Mount Gibson Iron generated a net profit of $157.3 million in fiscal 2013.
