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Base hits production targets

ASX and AIM-listed mineral sands producer Base Resources has sold 480,538 tonnes of ilmenite, 85,536t of rutile and 33,062t of zircon from its Kwale operation in Kenya. The numbers land toward the top of the company’s guided range for the 2016 fiscal year.

Base hits production targets Base hits production targets Base hits production targets Base hits production targets Base hits production targets

Kwale has delivered on expectations in fiscal 2016

Sales revenue was A$169 million ($US127 million) from an average basket price of product sold of $282 per tonne.

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