Commodities > Bulks

Base becoming a bigger fish in mineral sands pond

Having just closed the US$75 million acquisition of the Toliara Sands project in Madagascar complete, Base Resources' (AU:BSE) managing director Tim Carstens is looking forward to 2021 when the mineral sands asset will start producing and the company will become that much more strategically relevant.

Commodities > Bulks

Base becoming a bigger fish in mineral sands pond

Having just closed the US$75 million acquisition of the Toliara Sands project in Madagascar complete, Base Resources' (AU:BSE) managing director Tim Carstens is looking forward to 2021 when the mineral sands asset will start producing and the company will become that much more strategically relevant.

Base becoming a bigger fish in mineral sands pond

The Kwale optimisation project will be completed in the June quarter

Carstens told Mining Journal on the sidelines of the Mining Indaba 2018 conference in Cape Town that a number of factors had attracted the company to the project.