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The Markets
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by Proactive
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General mining & base metals

Base Resources updates on resources and reserves

The new project at Toliara has provided a massive boost to Base's resource base

As at 30 June 2018 Base Resources LTD (LON:BSE) had a total resource at the producing Kwale project in Kenya of 134mln tonnes of ore.

That was down somewhat on the comparative number for the corresponding period a year ago, as the project is being successfully mined.

READ: Base Resources fires on all cylinders as mineral sands markets continue to grow

However, Base is enjoying a significant boost to reserves as it works up the recently acquired Toliara project in Madagascar, which has a resource of 857mln tonnes grading 6.2% heavy minerals in the Ranobe deposit.

Reserves at Kwale ring in at 80mln tonnes grading 3.9% heavy minerals

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