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Base Resources highlights successful ramp-up of mineral sands operations at Kwale in Kenya

Base Resources Limited (ASX:BSE) managing director Tim Carstens updates Proactive on the company’s latest quarterly results, with the highlight being the successful ramp-up of mining operations at South Dune ore body of the Kwale Mineral Sands operations in Kenya.

The company has also made progress with the Toliara Mineral Sands Project in the southwest of Madagascar and the DFS remains on schedule for completion in December 2019.

Quick facts: Base Resources Limited

Price: 14 GBX

AIM:BSE
Market: AIM
Market Cap: £164.92 m
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Base Resources announces maiden dividend with effective yield of 14%

Base Resources Limited's (LON:BSE)(ASX:BSE) chief financial officer Kevin Balloch speaks to Proactive following the announcement of a maiden dividend alongside the release of its 2020 results this week. The maiden dividend of 3.5 cents per share implies a yield of around 14%. Base booked revenue...

on 27/8/20

2 min read