M&A

Image buys another Sheffield asset

JUST months after snapping up Sheffield Resources' undeveloped Eneabba mineral sands project in Western Australia's Perth Basin, Image Resources has agreed to deploy more cash to purchase a second project.

Patrick Mutz and Bruce Griffin

Patrick Mutz and Bruce Griffin

Image, which paid A$24 million for Eneabba, has agreed to pay Sheffield a further $12 million for the legacy McCalls project, once described as one of the largest accumulations of chloride-grade ilmenite...

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