CAPITAL MARKETS

Toliara will be 'fabulous engine' for future dividends says Base

WHILE Base Resources has recorded a statutory loss of nearly US$5 million in 2022-23, a A4c per share dividend set to be paid will take dividends distributed to shareholders since 2020 by the Kenya mineral sands miner to $265 million in aggregate.

 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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