Base Resources Limited

BSE

AU000000BSE5

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.245 ^AUD	-2.00%		+133.33%	+58.06%

Apr. 22	TSX claws back some April declines as sentiment improves	RE
Apr. 22	Energy Fuels Drops 11%, as it Offers to Acquire Australia-Listed Base Resources for A$375 Million	MT

Base Resources lowers Kenya mineral resource estimate due to depletion

August 11, 2023 at 05:50 am EDT

(Alliance News) - Base Resources Ltd on Friday said it lowered its mineral resource and ore reserve estimates at its Kwale operations in Kenya due to depletion.

The West Perth, Australia-based African-focused mineral sands producer and developer said as at June 30 it estimates 184 metric tonnes at Kwale, down from 205 metric tonnes a year ago.

At its Ranobe deposit in Madagascar, the estimate stayed the same at 2,580 metric tonnes.

Base Resources shares rose 2.8% to 10.49 pence each on Friday morning in London.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Base Resources Limited

TSX claws back some April declines as sentiment improves	Apr. 22	RE
Energy Fuels Drops 11%, as it Offers to Acquire Australia-Listed Base Resources for A$375 Million	Apr. 22	MT
Energy Fuels Shares Drop After Accord to Acquire Base Resources for $241.2 Million in Cash, Stock	Apr. 22	MT
TSX flat as broader gains offset materials weakness	Apr. 22	RE
Upcoming Earnings Boost Exchange-Traded Funds, Equity Futures Pre-Bell Monday	Apr. 22	MT
Transcript : Base Resources Limited, Energy Fuels Inc. - M&A Call	Apr. 22
Energy Fuels to Acquire Australia-Listed Base Resources for A$375 Million	Apr. 22	MT
Base Resources Signs AU$375 Million Takeover Offer from US-based Energy Fuels	Apr. 22	MT
Transcript : Base Resources Limited, Energy Fuels Inc. - M&A Call	Apr. 22
Base Resources shares surge on agreement for Energy Fuels takeover	Apr. 22	AN
AIM WINNERS & LOSERS: Base Resources surges on takeover offer	Apr. 22	AN
Hipgnosis jumps on Blackstone rival offer	Apr. 22	AN
Transcript : Base Resources Limited, Energy Fuels Inc. - M&A Call	Apr. 21
Australian shares rebound as miners and financials jump; inflation data awaited	Apr. 21	RE
Energy Fuels Inc. entered into a binding agreement to acquire Base Resources Limited for AUD 0.3 million.	Apr. 20	CI
Base Resources profit plunges as suffers from low pigment demand	Feb. 26	AN
AIM WINNERS & LOSERS: EnSilica posts topline progress, strong pipeline	Feb. 26	AN
Transcript : Base Resources Limited, H1 2024 Earnings Call, Feb 26, 2024	Feb. 26
Transcript : Base Resources Limited, H1 2024 Earnings Call, Feb 26, 2024	Feb. 25
Base Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 25	CI
Base Resources says production and revenue down as prices soften	Jan. 30	AN
Base Resources Limited Announces Sales Results for the Quarter Ended 31 December 2023	Jan. 30	CI
Base Resources Limited Reports Production Results for the Quarter Ended 31 December 2023	Jan. 30	CI
Transcript : Base Resources Limited - Special Call	Dec. 19
Transcript : Base Resources Limited - Special Call	Dec. 18

Base Resources Limited is an Australia-based mineral sands producer and developer. The Company operates the Kwale Operation in Kenya, which produces a suite of mineral sands products, namely ilmenite, rutile, and zircon. It is also developing the Toliara Project in Madagascar and conducting an exploration program in Tanzania. Its segments include Kwale Operation, Toliara Project, and Other. The Kwale Operation segment includes its 100% owned Kwale Operation located in Kenya and engaged in the sale of rutile, ilmenite, and zircon. The Kwale Operation features a high-grade ore body with a high value mineral assemblage, rich in rutile. Its products from Kwale Operation are transported to the Companyâs own Likoni Port facility, located inside Mombasa Port, for export to customers. The Toliara Project is in south-west Madagascar, about 45 kilometers (km) north of the regional town and port of Toliara. The Toliara Project is underpinned by the high grade, ilmenite rich, Ranobe deposit.

Sector

Specialty Mining & Metals

Calendar

2024-08-25 - Q4 2024 Earnings Release (Projected)

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