31/01/2022 - 16:58

Image drops $33m to bottom line after stellar quarter

31/01/2022 - 16:58

Bookmark

Save articles for future reference.

Image Resources has produced an extraordinary set of quarterly numbers from its Boonanarring mineral sands mine 80kms north of Perth. Realised prices and production are up, costs are down, debt has been paid back early and the company’s coffers have swelled by nearly $30 million. Margins have more than doubled to $500 per tonne and $19 million in dividends was paid to shareholders during 2021.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options