Image Resources receives approval for Murray Zircon stake in minsands project

By Kasia Patel
Published: Friday, 07 August 2015

The agreement between Image Resources and Murray Zircon will speed up the Boonanarring mineral sand project’s development, subject to shareholder approval. In exchange for a 47% stake in Image, Murray Zircon will provide equipment and expertise at the project, enabling production to start sooner.

ASX-listed Image Resources Ltd has received Foreign Investment Review Board (FIRB) approval for the previously announced transaction with Murray Zircon Pty Ltd, which gives the company an interest in Image...

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