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MGX

MGX Resources

Materials

Mount Gibson Iron Limited is an established mid-tier West Australian miner and mining project developer focused on iron ore. The company operates the Koolan Island iron ore mine and is involved in exploration and development activities. MGX aims to deliver shareholder value through efficient operations and strategic growth initiatives.

Short position

short percentage0.01%
reported shorts170.3K
shares on issue1.180B

MGX Resources (ASX:MGX) has 0.01% of its shares on issue reported as short positions as of 5 Oct 2026, or about 170,261 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has fallen 0.07 percentage points. Its highest recorded short interest was 9.23% in August 2015. MGX is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

MGX Resources (MGX) News

Latest articles and price-sensitive announcements with AI sentiment classification.

Kalkine
Neutral
1 Oct

What Is Pulling MGX Resources (ASX:MGX) Away From Iron Ore?

Highlights The former Mount Gibson Iron now trades as MGX Resources, a rename that signals a deliberate shift from iron ore towards gold. A joint venture stake in the Central Tanami gold project and a newly contracted exploration decline at Groundrush anchor the new strategy. A conditional agreement to transfer Koolan Island, including its rehabilitation obligations, is set to free the balance sheet for gold development. MGX Resources (ASX:MGX), the company formerly known as Mount Gibson Iron...

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Kalkine
Neutral
28 Sept

Why is MGX Resources (ASX:MGX) swapping iron ore for gold?

Highlights The former Mount Gibson Iron is finalising its exit from Koolan Island as it pivots to the Central Tanami gold project. A low-grade ore sales programme generated enough cash to fund rehabilitation, leaving a debt-free balance sheet for the next phase. Regulatory approval of the Koolan sale and a development decision at Tanami are the key milestones to watch. MGX Resources (ASX:MGX), the miner formerly known as Mount Gibson Iron, is closing out a long chapter as a Western Australian...

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Kalkine
Neutral
25 Sept

Could Koolan's Sale Close MGX's Iron Ore Chapter (ASX:MGX)?

Highlights The former Mount Gibson Iron has agreed to transfer Koolan Island to a logistics group The deal would lift a large rehabilitation obligation off the balance sheet A cash-rich register now looks to a Tanami gold joint venture for growth MGX Resources (ASX:MGX), the company formerly known as Mount Gibson Iron, is drawing fresh attention this week as analysis of its pending Koolan Island sale highlights how the deal would all but close a long iron ore history and clear the balance she...

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Kalkine
Neutral
17 Sept

What Is Driving Fresh Attention Around Mount Gibson Iron (ASX:MGX) Today?

Highlights Mount Gibson Iron is in focus after a fresh cash-and-production update. The update keeps attention on iron-ore mining and shipping and the companys next operational steps. The broader Iron Ore Stocks theme remains centred on execution, disclosure quality and strategic follow-through. Further company updates will help clarify how todays development fits into the longer operating pathway. Mount Gibson Iron (ASX:MGX) is drawing attention today after a fresh cash-and-production update....

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Kalkine
Neutral
15 Sept

What Could Put Mount Gibson Iron (ASX:MGX) Back in Focus?

Highlights Mount Gibson Iron is entering a more selective resource market as commodity volatility and shifting expectations reshape attention across Australian shares. Iron ore conditions are placing greater emphasis on operating discipline, product quality, costs and the resilience of resource businesses. Company-specific developments may matter more as the market separates genuine operational progress from broader movements across the mining sector. The Australian share market is enter...

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Kalkine
Neutral
7 Sept

Why Is Mount Gibson Iron (ASX:MGX) in Focus Across Australia’s Iron Ore Stocks?

Highlights Mount Gibson Iron (ASX:MGX) is examined through a supply chain lens, with its core activity centred on produces and exports iron ore from operations in Western Australia. The article focuses on company-specific operating mechanics rather than repeating a broad market narrative. Corporate disclosures provide the factual reference points for the business, its resources and its industry setting. A category label can group companies together, yet Mount Gibson Iron (ASX:MGX) has a disti...

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Kalkine
Neutral
24 Aug

Why Could Mount Gibson Iron (ASX:MGX) Matter as Iron Ore Conditions Shift?

Highlights The latest company disclosure centres on the issuer's current ASX record and the latest completed-session market context were reviewed for Mount Gibson Iron, giving the market a fresh operating reference point. The Iron Ore Stocks lens puts the focus on production quality, cost discipline, grade mix and steel-demand exposure. The next useful checkpoint is whether later company evidence confirms the operating direction signalled by the current update. Fresh ASX news often creates an...

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Kalkine
Neutral
19 Aug

Why Does Mt Gibson Iron (ASX:MGX) Matter Today?

Highlights Mt Gibson Iron remains closely watched as the management of a smaller iron ore portfolio through the cycle shapes its place within Australia's iron ore stocks landscape. Operational delivery, capital discipline and clear disclosure remain central to how the company's progress is assessed. Broader demand linked to steel production, infrastructure and the quality needs of global mills continues influencing the sector conversation. Australia's sharemarket is moving through an active r...

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Kalkine
Neutral
6 Aug

Mount Gibson (ASX:MGX): Is Shipments & Realised Pricing the Main Test?

Highlights Mount Gibson is in focus after it traded against stronger iron-ore sentiment during the latest period mining rally, creating a current test of iron-ore cycle resilience. The Iron Ore Stocks backdrop is shaped by benchmark pricing, shipments, grade and Chinese demand as Australia's market trades near record levels. The central operating question is shipments and realised pricing, with volumes, unit costs, realised pricing and capital returns forming the evidence-based scorecard. The...

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Kalkine
Neutral
31 July

Why Does Mount Gibson (ASX:MGX) Matter as Breadth Shifts?

Highlights Mount Gibson is being read through smaller iron ore leverage as Pilbara and seaborne steel raw materials returns to local screens Fresh ASX sentiment is linking China demand signals and quarterly production updates steering sentiment with company-level execution rather than broad excitement Readers are focusing on grade, costs and shipping discipline without turning the sector story into instruction The latest ASX conversation is less about a single headline and more about whether c...

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Kalkine
Neutral
24 July

What Puts Mount Gibson (ASX:MGX) On Ore Screens?

Highlights Mount Gibson is drawing attention as iron ore attention is moving beyond the largest miners. Grade quality, shipping access and cash protection shape the current ASX read. Fenix adds peer context as iron ore stocks face a stricter market screen. Mount Gibson, an Australian iron ore producer, is being pulled into a sharper Australian market conversation as iron ore attention is moving beyond the largest miners. Fenix Resources (ASX:FEX), an iron ore producer and logistics operator, a...

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