Record sales revenue quarter for June 2022
Record sales revenue of US$91.3 million supported a record revenue to cost of sales ratio of 3.5:1 in the June quarter.
Bumamani Project to extend Kwale mine life to Dec 2024
A decision to proceed with development of the Bumamani Project has been made following consideration of the Bumamani DFS outcomes. This will extend the life of Kwale Operations by 13 months to December 2024.
Record revenue quarter for March 2022
Consistent production and strong price increases supported record revenue in the March 2022 quarter for Base Resources.
Ongoing price increases drive strong FY22 first half financial performance
Strong prices supported record first half revenue of US$104.6m and the determination of an AUD 3.0 cents per share interim dividend.
Consistent production drives strong sales in December quarter
Consistent production supported strong sales in the December quarter for Base Resources.
Strong demand for all products drive price increases in September quarter
Base Resources reported strong demand and price increases for all products in the September quarter.
DFS2 enhances scale and economics of the Toliara Project
The increased scale of DFS2 (from the 2019 DFS) has delivered a substantial improvement in the forecast financial returns for the Toliara Project.
Full-year dividend determined with FY21 full year results
Base Resources reported strong operational results which, combined with disciplined capital management, supported the determination of a AUD 4.0 cents per share dividend (unfranked).
Strong June quarter and FY22 production guidance released
Base Resources reported a very strong June 2021 quarter with sustained demand supporting price increases for all products and FY21 production guidance met.
FY21 production guidance increased in March 2021 quarter
Base Resources has reported solid March 2021 quarter outcomes with ongoing demand supporting price increases for ilmenite and rutile and an increase to FY21 production guidance at Kwale.
Disciplined capital management drives half year dividend
With the release of FY21 half year results and cash of US$74.6m Base Resources has determined a half year dividend of AUD 3 cents per share.
December 2020 quarter closes with firm demand for products
Base Resources has reported solid December quarter outcomes with ongoing demand supporting price increases for ilmenite and mine life extension options progressing at Kwale.
Three Base Resources women selected for 2020 Women in Mining 100 list
Three Base Resources women, Janine Herzig, Melba Wasunna and Elizabeth Kyalo, have been included in the 100 Global Inspirational Women in Mining.
Base Resources wins award for COVID-19 community programs
Base Resources has won the 2020 AAMEG award for Best Innovation in Corporate Social Development for its COVID-19 community programs in Kenya and Madagascar.
June 2020 quarter update investor call transcript
Following the release of the Base Resources June 2020 quarterly update, the Company held a call with analysts. The transcript of that call is now available.
May investor update webcast
In this Base Resources webcast Tim Carstens (Managing Director), Kevin Balloch (CFO) and Stephen Hay (GM Marketing) provide a background on the company, its assets and an update on recent developments.
Production up in March 2020 quarter
Supported by sound customer demand, production at the Company’s Kwale Operations in Kenya has continued uninterrupted with broad health and safety procedures implemented to minimise the risk of COVID-19 to our personnel and surrounding communities.
Toliara Project drill assays reveal significant additional high‐grade mineralisation
Base Toiliara released the results of a 29,753m drill program undertaken over the course of 2018 and 2019 to test the extent of mineralisation to the west of the existing Ranobe Mineral Resources.
Toliara Project DFS released
The Definitive Feasibility Study on the Toliara Project confirms it's status as a world class mineral sands development.
Successful South Dune ramp up in September quarter
Mining operations at Kwale South Dune successfully ramp up and the Toliara Project is on track for release in December 2019.
Record year for Base Resources
Sales price increases and a focus on efficiency resulted in record revenue, EBITDA and NPAT for the year ended 30 June 2019 for Base Resources.
Base Resources June 2019 quarterly update
The highlight of the June quarter was the successful transition of Kwale mining operations to the South Dune.
Base Resources releases Kwale North Dune Resource
Base Resources will shortly commence a concept study to explore opportunities in the North Dune deposit.
Toliara Project PFS confirms status as world class mineral sands development opportunity
Base Resources released the outcomes of the Pre-Feasibility Study on its Toliara Project in Madagascar. The project will bring significant stimulus to the Malagasy economy, particularly for the communities near the planned operation.