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Base Resources highlights transition of Kenyan mining operations to the South Dune ore body

Base Resources (ASX:BSE) chief financial officer Kevin Balloch tells Proactive Investors that the transition of Kwale mining operations in Kenya to the South Dune ore body, is among the highlights of the company’s June 2019 quarterly activities report.

The African mineral sands producer continues to benefit from strengthening of rutile and ilmenite prices while zircon prices have stabilised.

FY19 production is reported as being in line with guidance.

Quick facts: Base Resources Limited

Price: 15.75 GBX

AIM:BSE
Market: AIM
Market Cap: £185.54 m
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Base Resources says production remains uninterrupted with Kwale operations...

Base Resources Limited's (LON:BSE) (ASX:BSE) chief financial officer Kevin Balloch talks Proactive's Andrew Scott through its September quarter highlights. It produced 65,863 tonnes of ilmenite and 15,513 tonnes of rutile in the third quarter, versus 84,843 and 19,035 respectively in the second...

on 16/10/20

2 min read