Image Resources NL

Image Resources NL refers to its ASX announcements dated 21 and 28 January 2022 regarding the notices given by Murray Zircon Pty Ltd to the Company under sections 203D and 249D of the Corporations Act 2001 seeking to spill the Board of Image. Image has received correspondence from lawyers advising they act for a Murray Zircon director, Mr Songhui Xu, and Murray Zircon minority shareholder X.Q. Enterprises Limited alleging [...]

Image Resources NL is pleased to announce its intention to pay a 2 cent fully franked dividend once the Calendar Year 2021 annual financial results have been finalised. Results are expected to be announced in the first half of March with the dividend expected to be paid as soon as practicable thereafter, but likely towards the end of April 2022. Dividend Strong provisional financial results and continuing strong demand [...]

Image Resources NL is pleased to report that high demand for mineral sands commodities, coupled with limited supply, is continuing to push commodity prices higher, and delivered increased cashflow and profitability in 2H 2021 from mining operations at the Company's 100%-owned, high-grade, zircon-rich Boonanarring mineral sands project, located 80km north of Perth in the North Perth Basin in WA. There were further mineral [...]

Image Resources NL is pleased to advise it has completed the strategic acquisition of a package of mineral sands tenements in the historic Eneabba mining district located 275km north of Perth in Western Australia. The package of tenements was acquired from Sheffield Resources Limited under an asset sale and purchase agreement announced on 29 November 2021. The full package of tenements consists of 8 exploration licences [...]

Image Resources NL is pleased to advise it has entered into a binding conditional asset sale and purchase agreement with Sheffield Resources Ltd. to acquire a strategic package of mineral sands tenements in the historic Eneabba mining district located 275km north of Perth in Western Australia. Highlights: - Binding agreement to acquire package of tenements in historic mineral sands mining district of Eneabba in Western [...]

Image Resources NL is one of Australia's newest established, profitable mining companies with the Boonanarring Mineral Sands Project located 80km north of Perth. Project construction completed in 2018 with 1st production in December 2018. The product is Heavy Mineral Concentrate containing zircon, rutile and ilmenite. The contained zircon represents 80% of total revenue and approximately 6% of global production. To view [...]

Image Resources NL is pleased to report that high demand for mineral sands commodities, coupled with limited supplies, is driving mineral sands commodity prices to rise substantially, and is delivering increased cashflow and profitability in 2H 2021 from mining operations at the Company's 100%-owned, high-grade, zircon-rich Boonanarring mineral sands project, located 80km north of Perth in the North Perth Basin in WA. The [...]

Image Resources NL is pleased to provide the following preliminary September Quarterly results stemming from production at its high-grade, zircon-rich Boonanarring Mineral Sands Project located 80km north of Perth. Benchmark Pricing for HMC The benchmark price for zircon used to price Image's heavy mineral concentrate , has been rising steadily on a quarter basis throughout CY2021. The average price for Q3 was 8.3% higher [...]

Image Resources NL continued to build on its success in 2020 to achieve record production in the half year ended 30 June 2021. The following summarises the key drivers of operational and financial performance for 1H 2021: - Record heavy mineral concentrate production of 187kt for 1H 2021 compared to 167kt for 1H 2020. Strong HMC production in the March quarter of 85kt was followed by record HMC production in Q2 of 102kt [...]

Image Resources NL is pleased to report record high quarterly HMC production for the June quarter, breaking the previous record set in Q1 2021, from its 100%-owned, high-grade, zircon-rich Boonanarring mineral sands project, located 80km north of Perth in the North Perth Basin in WA. Continued strong HMC production, due to higher than expected HM ore grades, and relatively high HMC stock levels, provides a firm base for [...]