Image Resources NL

Image Resources NL

  • Location: Australia
  • Tickers:
    • ASX:IMA
  • Commodities:
    • Mineral Sands
  • Project Stages:
    • Development
    • Production

Image Resources NL (ASX: IMA) (“Image” or “the Company”) is Australia's newest mineral sands mining company operating at its 100%-owned, high-grade, zircon-rich Boonanarring Project located 80km north of Perth in the infrastructure-rich North Perth Basin in Western Australia. Image has developed a solid reputation of delivering on its representations to shareholders by successfully constructing and commissioning the Boonanarring Project on-schedule and on-budget in 2018; exceeding name-plate production capacity in only the second month of operations (January 2019); and beating market guidance for its inaugural full year of production (CY2019) after raising that guidance twice during the year. The Company published an updated Ore Reserve estimate with 24% higher heavy mineral (HM) ore grade and 50% higher in-situ zircon grade in the HM in the ore. These higher grades allowed Image to increase its forecast production guidance to 300-330k tonnes of HMC for each of 2020 and 2021. The Company has recently announced the launch of a focused and prioritised scope of work code-named Project ‘MORE’ to systematically add new Ore Reserves to the Boonanarring project as rapidly and efficiently as practicable.

Image Resources NL
ASX
  • asx: ima

    • -0.005 (-2.63%)

* Based on previous 24 hours performance

  • asx: ima

    • 0.02 (11.76%)

* Based on previous 7 days performance

  • asx: ima

    • 0.01 (5.56%)

* Based on previous 12 weeks performance

  • asx: ima

    • 0.01 (5.56%)

* Based on previous 12 months performance

Open 0.19000 Volume 1447179
High 0.19000 52w High 0.20250
Low 0.18000 52w Low 0.15000
Close 0.19000

* 25 October 2021 (AUD)