COVID-19 UPDATE
Base Resources continues to closely monitor the COVID-19 pandemic and its impacts on the Company’s business, people and wider stakeholders. The Company’s in continue to operate under a suite of mitigations aimed at protecting the health and safety of our employees and neighbouring communities, including modified workplace practices and a focus on hygiene and social distancing. As the number of COVID-19 cases in and have increased significantly in recent weeks, the Company has also re-introduced work-from-home protocols for non-operational staff. The Company is also assisting governments and communities in both and with several initiatives, primarily involving the construction of hygiene facilities, and the donation and distribution of food and medical supplies and equipment.
Photo: 123RF
It already offers the New Zealand and US exchanges, and has also rolled out Sharesies to Australian investors.
Sharesies co-founder Brooke Roberts said expansion to trading on the ASX was an obvious next step. Our customers have been vocal about wanting access to Australian shares.
She said a trial of ASX trading with 25,000 users had seen $3 million invested, with the most popular company being counting software developer Xero which shifted its market listing to Australia several years ago, although it has remained a New Zealand based company.
The second most traded was airline Qantas, and the buy-now-pay-later company Afterpay.
“In a move to assess the possibility of extending the life of mine even further, Base, in 2018, decided to re-evaluate the potential of the ‘North Dune’ mineral deposit, which is located immediately to the north-east of the Kwale operation’s offices and plant. The North Dune is a low-grade 582 hactare resource that has the clear potential to be economic,” said the company in the Environmental and Social Impact Assessment (ESIA) it has filed with Nema.
“The proposed project of mining in the North Dune commencing in early 2024, increase the life of mine by a further four to 4.5 years.”
The company recently got a one-year extension on the life of the mine after the Mining ministry varied its current licence, allowing it to mine in what is referred to as the South Dune.
Titanium mining firm seeks four-year licence extension standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
كيف اسقط اسمي من الموارد البشرية aiwaegypt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aiwaegypt.com Daily Mail and Mail on Sunday newspapers.