MZI Resources provides the Company's Quarterly Activities Report for the period ending 30 June, 2017. HIGHLIGHTS - Record quarterly product sales of 23,361t ~ Full year 62,473t. - Quarterly sales receipts of $14.8M from product sales comprising: 8,945t of L88; 10,500t of L70 and 3,916t of zircon concentrate. - Full year sales receipts of $51.1M [...]
MZI Resources s pleased to provide the following operational update with regard to the Company's flagship Keysbrook Mineral Sands Project, located 70km south of Perth. - Operations optimisation work program underway - On track for record quarterly sales volumes in current June quarter - Premium L88 product made for commercial trial evaluation in [...]
MZI Resources is pleased to announce it has secured funding to progress its strategic land access program. This will support future operations at its flagship Keysbrook mineral sands operation, 70km south of Perth, including the potential for future growth. A US$5 million debt financing provided by the Company's major shareholder Resource Capital [...]
MZI Resources is pleased to announce it has appointed Northcott Capital Limited (Northcott) as a Corporate Financial Advisor to review the Company's balance sheet and financing structure and, subject to development of an acceptable plan, assist with the delivery of the most appropriate and efficient capital structure for MZI going forward. MZI's [...]
MZI Resources is pleased to announce the appointment of well-regarded and experienced resources industry senior executive Mr Martin Purvis as Managing Director and Chief Executive Officer of MZI Resources. His appointment follows a comprehensive Australian and international executive search. Mr Purvis will commence in the role effective 1 July [...]
During the March Quarter 2017, the primary focus of MZI remained on completing the operational transformation and ramp-up at the Company's Keysbrook Operations. Production and sales data for the March Quarter are detailed in Table 1 on page 2 of this report. HIGHLIGHTS - Record HMC processed at the Picton Mineral Separation Plant of 29,266t (+28 [...]
MZI Resources refers to the ASX release made earlier today and is pleased to confirm that the Letter of Agreement in respect of the expanded L88 offtake agreement was executed with its major leucoxene customer The Chemours Company based in the United States of America. To view the ASX release made earlier today, please visit:
MZI Resources is pleased to advise that it has signed a Letter of Agreement (LoA) with its major leucoxene customer to provide significant additional volumes of its premium L88 product over the next three years. Under the expanded offtake agreement, the customer has committed to purchase an additional 50,000 tonnes of L88 spread over the next [...]
MZI Resources is pleased to provide the following business update regarding operational performance and sales from the Company's flagship Keysbrook Mineral Sands Operation. The successful commissioning in late March of the new mobile Mine Field Unit (MFU), comprising integrated feeder, screening circuits and ore slurry unit, has resulted in [...]
MZI Resources is pleased to provide a business update following the successful start-up and commissioning of its new transportable Mining Field Unit (MFU) at the Company's flagship Keysbrook Mineral Sands Operation. The new mobile MFU, comprising integrated feeder, screening circuits and ore slurry unit has previously been used elsewhere in the [...]
MZI Resources is pleased to provide the Company's latest Presentation at Mineral Sands Conference in Perth, March 2017. MZI Keysbrook Operations Overview - Mine and Wet Concentrator Plant at Keysbrook produces Heavy Mineral Concentrate - HMC processed to final products at Doral's MSP at Picton WA under toll treating arrangement - Total development [...]
The Directors present their report on the Consolidated Entity comprising MZI Resources and its controlled entities ("the Group") for the half-year ended 31 December 2016 ("period ending 31 December 2016"). Review of Operations The following significant events occurred during the half year: - Positive first half operating cash flows generated by [...]