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Base Resources Interim Profit Plunges As Sales Volumes Fall

Base Resources Interim Profit Plunges As Sales Volumes Fall Mon, 22nd Feb 2021 10:09 (Alliance News) - Base Resources Ltd on Monday reported a plunge in profit for the first half of its financial year, as revenue declined on lower sales volumes, offset by a rise in the average price of products. For the six months ended December 31, the Perth, Australia-based, Africa-focused miner posted pretax profit of USD1.0 million, down 92% from USD13.0 million a year before, on sales revenue that declined 13% year-on-year to USD72.8 million from USD83.5 million. From its Kwale operations in Kenya, ilmenite production declined 13% to 144,363 tonnes, leading to sales dropping 22% to 129,300 tonnes from 166,653 tonnes.

Western australiaCity ofUnited kingdomDayo laniyanTim carstensResources ltd onAlliance newsResources ltdBase resourcesNorth duneManaging director timAll rightsமேற்கு ஆஸ்திரேலியாநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நேரம் கார்ஸ்டன்ஸ்

BASE RESOURCES LIMITED - Kwale North and Bumamani Resources Estimates

BASE RESOURCES LIMITED - Kwale North and Bumamani Resources Estimates PR Newswire Key Points As part of the pre-feasibility study currently underway to assess the viability of mining the Kwale North Dune and Bumamani deposits, seeking to extend the mine life of Kwale Operations, additional drilling and mineralogy assessments have been conducted. The Kwale North Dune Mineral Resources estimate has increased by 13% to 194 million tonnes at an average HM grade of 1.5%, containing 2.9Mt HM, based on a 1% HM cut-off grade. 99% of the Kwale North Dune Mineral Resources estimate is now reported in the Measured and Indicated categories. The maiden Bumamani Mineral Resources estimate is 5.9 million tonnes at an average HM grade of 1.9%, containing 0.115Mt HM, based on a 1% HM cut-off grade.

United kingdomShimba hillsCity ofWestern australiaGareth tredwayGreg jonesMatthew armitt detlir eleziJos simsonJames fullerStephen allenGeovia surpacMaxwell geoservicesScott carruthersTiomin resources incResource resourcesTavistock communications

Base Resources (ASX:BSE) updates mineral resources at Kwale Operation

Base Resources (ASX:BSE) has announced a mineral resource update and maiden mineral resource for its Kwale Operations in Kenya.

Base resourcesKwale operationsKwale north duneKwale operationNorth duneஅடித்தளம் வளங்கள்வடக்கு மணல்மேடு

BASE RESOURCES LIMITED - Quarterly Activities Report

BASE RESOURCES LIMITED - Quarterly Activities Report - December 2020 PR Newswire Key Points Kwale Operations has maintained operational consistency through the quarter with health and safety protocols in place to minimise the risk of COVID-19 to personnel and surrounding communities. Ongoing firm demand from customers in the quarter supported further ilmenite price increases, while zircon and rutile prices have stabilised. Kwale North Dune PFS progressed and is scheduled for release early in the June quarter. Exploration drilling re-commenced in the North Vanga region near Kwale Operations. Discussions with the Government of Madagascar on Toliara Project fiscal terms continue to progress.

United kingdomCity ofBarnaby haywardJames fullerStephen allenMatthew armitt detlir eleziJos simsonTavistock communicationsBoard of base resourcesKenya revenue authorityResources limitedResources long term incentive planMwalewa girls secondary school in lungaKenyan national treasuryCompany kwale operationsCompany likoni port

Base Resources Limited leaves production guidance unchanged

Base Resources Limited leaves production guidance unchanged
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