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Base shares in the basement as mineral sands business battles

Flagship operation starting to slow amid backdrop of weakening markets

Michael Quinn
62781-1-eng-GB-base-resources-kwale-feb-13.jpg

62781-1-eng-GB-base-resources-kwale-feb-13.jpg

Base had cash of US$77.2 million at the end of September, post a dividend payment on September 28 of $30 million. Cash at the end of June was $93 million. Production was reduced by 30% quarter-on-quarter...

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