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Boonanarring on track and budget - Image

By: Esmarie Swanepoel     14th August 2018 Commissioning and first production from the Boonanarring mineral sands project, in Western Australia, remained on track for the fourth quarter of this year, owner Image Resources said. The company on Tuesday said that construction of the opencut mine started in April, with the exposure of first... 

Boonanarring economics improve on higher prices

By: Esmarie Swanepoel     28th June 2018 Higher zircon prices have enhanced the economics of the proposed Boonanarring and Altas mineral sands deposits, in Western Australia, owner Image Resources said on Thursday. The company reported that the higher mineral resources prices had pushed up the project’s pre-tax net present value from... 

Image completes A$25m raising

By: Esmarie Swanepoel     15th March 2018 ASX-listed Image Resources has raised A$25-million through a share placement to fund the Boonanarring mineral sands project, in Western Australia. The company had previously entered into two equity subscription deeds to fully underwrite the issue of 250-million fully paid ordinary shares, at an... 

Updated price and exchange rate forecasts boost Image BFS

By: Mariaan Webb     27th November 2017 ASX-listed Image Resources has updated its bankable feasibility study (BFS) for the Boonanarring and Atlas mineral sands deposits in the Perth basin to reflect higher commodity prices and an updated exchange rate. The new inputs significantly boosted the project’s economic metrics, with pretax... 

Boonanarring granted final approval

By: Esmarie Swanepoel     8th November 2017 The Boonanarring mineral sands project, in Western Australia, has received its final development approval, allowing construction and commissioning of the project to start. ASX-listed Image Resources on Wednesday told shareholders that the Department of Water and Environmental Regulation had... 

Image doubles resources in WA

By: Esmarie Swanepoel     13th January 2017 Mineral sands developer Image Resources has doubled the mineral resource at its Boonanarring mineral sands project, in Western Australia. As part of a bankable feasibility study (BFS) on its Boonanarring and Atlas deposits, Image updated the Joint Ore Reserves Committee-compliant resource... 

Image raises cash for Boonanarring

By: Esmarie Swanepoel     14th December 2016 Mineral sands developer Image Resources has launched a nonrenounceable rights issue to raise A$6.3-million to fund the advancement of its Boonanarring project, in Western Australia. Eligible shareholders will be offered 5 new shares for every 12 shares held, at a price of 4c a share. 

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