Kenyan firms earn Sh6.9bn from Kwale titanium miner
Kenyan companies earned nearly three-quarters of the payments by Base Titanium to suppliers contracted to the mining operations.
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Kenyan companies earned nearly three-quarters of the payments by Base Titanium to suppliers contracted to the mining operations.
The local subsidiary had paid the Perth-based multinational a dividend of Sh7.1 billion the year before.
The Base Resources share price went parabolic on Monday after the company published strong results. BSE shares spiked by over 12%
BASE RESOURCES LIMITED - Quarterly Activities Report - June 2022 PR Newswire London, July 21 AIM and Media Release 21 July 2022 BASE RESOURCES LIMITED Quarterly
Base Titanium will make a capital expenditure of Sh3.3 billion at a new mining site on its Kwale operation.