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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, ilmen...

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 t...

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

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. D...

Mineral sands stocks on the ASX: The Ultimate Guide 197SHARES A lesser understood, yet essential section of the resources sector is mineral sands, with several ASX-listed plays geared to take advantage of forecast supply gaps in the coming years. The mineral sand suite is critical to numerous products found in everyday life from toothpaste to tiles, to the paint you put on your walls or the titanium metal used in human implants or found in aircraft and golf clubs. Various minerals are included in the mineral sand suite, but the ones primarily sought from mining are ilmenite, leucoxene, rutile...