ESG

Base builds mineral sand cash as market faith fatigues

MINERAL sands miner Base Resources has increased its cash position by more than 20% to US$93 million in the June quarter, though on the negative side of the equation, the long, long wait for progress at the ‘world-class’ Toliara asset in Madagascar goes on and on.

Base in action last decade at Kwale, Kenya

Base in action last decade at Kwale, Kenya

Base is now suggesting it doesn't expect to achieve "material progress" in securing fiscal terms for the project until after the country's mining code is finalised and Presidential elections are concluded,...

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