Indiana Resources (formerly IMX Resources until 22 June 2016) is a dual-listed

iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...

mining and base and precious metals exploration company based in

Perth, Western Australia Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is ...

. The company was first listed on the

Australian Stock Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, ...

on 17 August 1994. It changed its name to Indiana Resources Limited in 2016. When IMX's now-closed

Cairn Hill mine Cairn Hill mine is an iron ore mine formerly operated by IMX Resources and now by Cu-River Mining. It is located 55 km south-east of Coober Pedy in South Australia and produced 1.8Mtpa of a unique coarse-grained magnetite-copper DSO (Direct ...

commenced production in 2010 it became the first new South Australian iron ore mine in over a century. IMX was also the first Australian iron ore company to operate the rotainer bulk export system, which is now in use at a number of other sites around the country.Yahoo Financ
"IMX Resources Limited: Cairn Hill Ships Four Millionth Tonne of Ore"
(2013-07-25) Accessed 24 November 2013.

Cairn Hill Mining Operation

{{main, Cairn Hill mine IMX operated the Cairn Hill iron ore mine, located 55 km from

Coober Pedy Coober Pedy () is a town in northern South Australia, north of Adelaide on the Stuart Highway. The town is sometimes referred to as the "opal capital of the world" because of the quantity of precious opals that are mined there. Coober Pedy is ...

South Australia South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories ...

. The product was shipped to

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. Cairn Hill was a joint venture between IMX Resources (51%) and

Sichuan Taifeng Sichuan (; zh, c=, labels=no, ; zh, p=Sìchuān; alternatively romanized as Szechuan or Szechwan; formerly also referred to as "West China" or "Western China" by Protestant missions) is a province in Southwest China occupying most of the ...

(49%).IMX Resources website
Accessed 13 September 201a. The Cairn Hill Mining Operation was commissioned in May 2010 and commenced production in December 2010. It was closed in 2014.Cairn Hill iron ore miner IMX Resources to close South Australian office, focus on Tanzanian exploration
''The Advertiser'', 3 September 2014. Accessed 4 September 2014. IMX shifted its focus to the Mount Woods Magnetite Project."IMX on expansion trail at Cairn Hill"
''The Advertiser'', 14 November 2013. Accessed 26 November 2013.

Nachingwea Regional Exploration Project

IMX owns and operates the highly prospective Nachingwea Regional Exploration Project in south-east

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

, which includes the Ntaka Hill Nickel Sulphide Project. Nachingwea is a large tenement package, located approximately 200 kilometres from the port of

Mtwara Mtwara (Portuguese: ''Montewara'') is the capital city of Mtwara Region in southeastern Tanzania. In the 1940s, it was planned and constructed as the export facility for the disastrous Tanganyika groundnut scheme, but was somewhat neglected when t ...

, with the potential to host multiple mineralised systems. Recent exploration has proven occurrences of high-grade and disseminated

nickel Nickel is a chemical element with symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive but large pieces are slow to ...

and

copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkis ...

sulphides,

gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...

and

graphite Graphite () is a crystalline form of the element carbon. It consists of stacked layers of graphene. Graphite occurs naturally and is the most stable form of carbon under standard conditions. Synthetic and natural graphite are consumed on large ...

Mount Woods Magnetite Project, South Australia

IMX is actively exploring its Mt Woods Magnetite Project in South Australia, where it has identified the Snaefell Magnetite Deposit and a number of other substantial magnetite exploration targets. IMX is seeking to develop a 1.8-3.5Mtpa mining project at Snaefell utilising infrastructure form the now-closed Cairn Hill mine, and is presently seeking a cornerstone investor willing to fund the project development costs. IMX retains a pipeline of strategic investments and a portfolio of base and precious metal exploration assets in

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

and southern

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

References

Mining companies of Australia Mining in South Australia