Company
Base Resources Limited
LON:BSE
Base Resources is an Australian based, African focused, mineral sands producer and developer with a track record of project delivery and operational performance. The company operates the established Kwale Operations in Kenya and is developing the Toliara Project in Madagascar.
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Base Resources raising A$40M to develop world-class Kwale Mineral Sands Project
Base is on track for the first production from Kwale in the second half of 2013. The project has some impressive metrics such as producing an estimated LOM cash surplus of over US$1b. The company today launched a $40m underwritten capital r