Image Resources NL

Image Resources NL

  • Location: Australia
  • Tickers:
  • 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: ima

    • -0.02 (-10.53%)
Open 0.16500 Volume 181571
High 0.17000 52w High 0.22000
Low 0.16500 52w Low 0.15000
Close 0.17000

* 22 September 2021 (AUD)