AFRICA STORIES

A more solid Base

Base Resources has had a very busy past couple of years. Having started production at the US$380 million Kwale mineral sands mine in Kenya in late 2013, the period since has been characterised by strong operational achievement in a very challenging market.

Base Resources has raised capital to pursue another Kwale-style opportunity

Base Resources has raised capital to pursue another Kwale-style opportunity

In fact, if the price assumptions used in securing debt five years ago, prevailed today, the company would have already paid back its plus-US$200 million loan, according to managing director Tim Carstens....

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