CAPITAL MARKETS

Base is back in black

KENYA mineral sands miner Base Resources has returned to profitability for the first half of the 2017 financial year, with a net profit of $A3.8 million recorded for the period.

Andrew Hobbs
Base is back in black

The company generated an 11% increase in sales revenue for the half to $90.6 million, up from $81.7 million, on the back of higher average prices for its rutile, ilmenite and zircon of $302 per tonne,...

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