Kwale miner reaps as titanium prices climb
The company sold the commodity at an average price per tonne of $740 (85,840) in the review period, up from $478 (Sh55,448) the year before.
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The company sold the commodity at an average price per tonne of $740 (85,840) in the review period, up from $478 (Sh55,448) the year before.
Base Titanium, the company mining titanium minerals in Kwale County, paid the Kenyan government a total of Sh2 billion in royalties and taxes in the six months ended December.
BASE RESOURCES LIMITED - FY22 Half-Year Results PR Newswire London, February 28 AIM and Media Release 28 February 2022 BASE RESOURCES LIMITED Ongoing price increases
The Australian mining company will continue operations until 2023, a relief to the more than 1,000 people who work at the site.
Boris Ivanov, founder of Emiral Resources Ltd – a global mining group that focuses on exploration, mining and the production of Earth's mineral resources, explores future predictions for the sector