Image reduces Boonanarring mineral sands payback period

By Emma Hughes
Published: Monday, 04 November 2013

Company completes economic analysis; expects to be in production by 2015

Australian mineral sands developer Image Resources NL has today reduced the expected payback period for its Boonanarring mineral sands project in the North Perth Basin to less than 16 months, after conducting updated economic analysis.

The analysis, which also looked at the project’s internal rate of return (IRR) and financing...

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