Mining Intelligence and News
Australia

Atlas Mine

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Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Heavy Minerals
  • Ilmenite
  • Rutile
  • Zircon
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe original operating strategy and plan outlined in its 2017 Bankable Feasibility Study (“BFS”) was to mine and process all available Ore Reserves at Boonanarring and then self-fund the relocation of the mining fleet and processing equipment and support facilities to Atlas.

Final ore processing at Boonanarring was completed in August 2023.

In Q4 2024, the processing plant and equipment from Boonanarring was successfully relocated to Atlas, and construction is nearing completion. First heavy mineral concentrate was achieved in February 2025 as part of early-stage commissioning.

Owners

SourceSource
CompanyInterestOwnership
Image Resources NL 100 % Indirect
Image Resources NL fully owns the Atlas mineral sands project and the past-producing Boonanarring mine.

Deposit type

  • Mineral sands

Summary:

Atlas
Atlas is hosted in the Perth Basin, in surficial marine sediments eroded into Cretaceous basal sediments during the Pleistocene marine transgressions.

The host sediments consist of unconsolidated well sorted sands and clayey sands, sitting over basal sediments of very fine to granular or pebbly, poorly sorted sands and clayey sands.

Atlas has one major strandline of heavy minerals, with seven minor strandlines interpreted to the north, east and west of the main strandline and a small area of mineralisation above the main strandline.

The basement to the strandline mineralisation is identified by an increase in slimes and or oversize and/or coarser gain size.

Dimensions
The main strandline mineralisation has been shown from drilling to extend for approximately 5.3 km north/south. The mineralisation extends from surface to 16 m depth, has an average thickness of 3.4 m and a maximum thickness of 12 m.

Seven additional zones of strandline mineralisation have been interpreted to the east, west and north of the main strandline. These additional strandlines are not as continuous along strike as the main strandline and are thinner and narrower. They are oriented north-south and strike lengths range from 0.1 km to 3.7 km. The top of the strandlines ranges in depth from surface to 14 m and the mineralisation extends to a depth of up to 18 m, with an average thickness that ranges from 1.4 m to 3.5 m.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

Final ore processing at Boonanarring was completed in August 2023. The year 2024 involved a full transition from Boonanarring to Atlas. In 2024, Image Resources faced challenges, including a lack of mining and processing, resulting in zero production and revenue.
CommodityUnits20232022202120202019
Heavy Minerals kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe270
All production numbers are expressed as concentrate.

Operational metrics

Metrics2022202120202019
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe3,166 kt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe23,498 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe3,186 kt
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits20232022202120202019
All-in sustaining costs (AISC) Heavy Minerals AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 343 / t  
All-in sustaining costs (sold) Heavy Minerals AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 390 / t  
C1 cash costs Heavy Minerals AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 285 / t  
C1 cash costs (sold) Heavy Minerals AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 325 / t  

Mine Financials

Units20232022202120202019
Revenue M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 146.2  
Operating Income M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 39.2  
Gross profit M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 64  
Pre-tax Income M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 29.2  
After-tax Income M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 20.8  
EBITDA M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 72.5  
Operating Cash Flow M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 62.9  

Personnel

Mine Management

Job TitleNameEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 26, 2025
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Jun 26, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 25, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 26, 2025

Workforce

EmployeesYear
...... Subscription required 2024
...... Subscription required 2023
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required 2019

Aerial view:

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