Shares in Iluka Resources jumped after the mineral sands miner more than doubled first-quarter revenue following its recent takeover of Sierra Leone miner Sierra Rutile Limited.

Iluka reported revenue of $218.5 million for the three months to March 31, up from $102.1 million a year ago, reflecting the increase in sales volumes.

Production for the quarter also jumped to 336,900 tonnes, from 233,200 tonnes a year ago.