Base Resources Limited
The Company's Kwale Operation in Kenya is a consistent and efficient high margin operation. With mine life extension and near mine exploration options being pursued, there is opportunity for further value creation.
The Toliara Project in Madagascar continued to progress with the pre-feasibility study confirming its status as one of the best mineral sands development opportunities in the world. With the definitive feasibility study on track for completion in late 2019, and a planned final investment decision in 2020, the project remains on track to commence production in 2022.