EXPLORATION & DEVELOPMENT

Image moves closer to production

MINING hopeful Image Resources says construction at its North Perth Basin mineral sands project m...

Andrew Duffy
Image moves closer to production

Image said the Western Australian Environmental Protection Authority had given approval to release the public environmental review for the project, which will allow wider stakeholders to examine the proposed mine.

The company is also processing secondary approvals for the project, saying all approvals will be in place by September if the process goes smoothly.

Plans to commence construction are two months later than previously scheduled after additional field work was required by the EPA for the draft public environmental review.

"First production and sales remain on track for first quarter of 2015, subject to regulatory approvals and project finance and offtake arrangements being in place," Image managing director Peter Davies said.

"This schedule will be reviewed as the project finance and environmental review processes advance."

The company's NPB project involves conventional dry mining with both wet and dry mineral sands processing.

The operation will initially focus on the high-grade Boonanarring deposit, just over an hour's drive from Perth.

The total resource at Boonanarring contains 1.7 million tonnes of heavy mineral sands at a 2.5% cut-off.

The environmental report will be issued on January 8 and provides for a five-week review period.

Image shares were steady at A14.5c this morning.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.