Latest News

Base Resources reported strong demand and price increases for all products in the September quarter.

The increased scale of DFS2 (from the 2019 DFS) has delivered a substantial improvement in the forecast financial returns for the Toliara Project.

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).

Base Resources reported a very strong June 2021 quarter with sustained demand supporting price increases for all products and FY21 production guidance met.

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.

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.

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, Janine Herzig, Melba Wasunna and Elizabeth Kyalo, have been included in the 100 Global Inspirational Women in Mining.

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.

Base Resources has reported solid September quarter outcomes with ongoing demand supporting steady prices for all products and the announcement of the Company's maiden dividend. View results.

WATCH: Base Resources’ Managing Director, Tim Carstens, CFO, Kevin Balloch and GM Marketing, Stephen Hay, discuss the Company's FY20 full year results here.

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.

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.

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.

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.

The Definitive Feasibility Study on the Toliara Project confirms it's status as a world class mineral sands development.

Mining operations at Kwale South Dune successfully ramp up and the Toliara Project is on track for release in December 2019.

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.

The highlight of the June quarter was the successful transition of Kwale mining operations to the South Dune.

Base Resources will shortly commence a concept study to explore opportunities in the North Dune deposit.

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.