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Base maintains dividends despite loss

While mineral sands miner Base Resources has recorded a statutory loss of nearly US$5 million for the 12 months to June 30, 2023, a A4c per share dividend set to be paid will take dividends distributed to shareholders since 2020 by the company to $265 million in aggregate.

Michael Quinn
The potential multi-decade Toliara development in Madagascar remains a long time in the making

The potential multi-decade Toliara development in Madagascar remains a long time in the making

The loss of $4.8 million came as profitability was impacted by a non-cash impairment of $88.9 million following a reassessment of the carrying value of Kwale operations that reflected the increased operating...

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