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MZI Resources managing director Trevor Matthews said the project was solid despite price pressures.

Longer life at MZI's Keysbrook

The Keysbrook mineral sands mine has had its lifespan almost trebled after a sharp increase in ore reserves, miner MZI Resources said today.

Reserves now measure 72 million tonnes, giving the operation a 16-year mine life, although the company predicts further extensions as it undertakes drilling.

Keysbrook is located about 70 kilometres south of Perth, just south of Serpentine.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
8thIndiana Resources861%-23%
382ndJupiter Energy0%-19%
578thBuru Energy-33%-18%
599thMZI Resources-39%-18%
604thIndia Resources-40%-21%
755 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/01/16
$4k Bought
01/12/15
$0 Issued
01/12/15
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

79th↑MZI Resources$4.3m
82nd↑Indiana Resources$4.2m
83rd↓Jupiter Energy$4.1m
85th↓Buru Energy$4.1m
86th↓India Resources$4.0m
528 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from MZI Resources

82ndTrevor Matthews$884k
thPeter Gazzard$387k
919thMalcolm RJ Randall$101k
Ranked by total remuneration from all listed WA companies

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