Titanium miner eyes Tanzania as Kenya withholds licences
Kwale miner Base Titanium has shifted its exploration for new mineral resources to Tanzania.
Source: businessdailyafrica.com
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Kwale miner Base Titanium has shifted its exploration for new mineral resources to Tanzania.
Base Titanium posted a 12.6 percent decline in sales in the quarter ended March.
Base Titanium, the company extracting titanium minerals in Kwale County, will pay its Australian parent firm Base Resources an interim dividend of Sh2.03 billion.
Kwale miner Base Titanium injected Sh16.5 billion into the Kenyan economy through royalties, taxes and supplier purchases in the year ending June 2022, new disclosures by its Australian parent...