BASE RESOURCES LIMITED : - Updated Kwale South Mineral Resources and Ore Reserves marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
BASE RESOURCES LIMITED - Quarterly Activities Report - March 2021
PR Newswire
Key Points
Kwale Operations 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.
Kwale Operations FY21 production guidance increased for both ilmenite and zircon.
Ilmenite and rutile prices trended upwards in the quarter, with higher zircon prices secured for the June quarter.
Kwale North Dune PFS completed, with a focused study on mining higher grade subsets of the North Dune and Bumamani deposits underway and due in mid-2021.
Discussions with the Government of Madagascar on Toliara Project fiscal terms continue to progress.
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.
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.