Base reports higher quarterly output at Kwale
PERTH (miningweekly.com) – The Kwale mineral sands project, in Kenya, delivered higher heavy mineral concentrate output during the three months to March, as mining activity progressed back into high-grade orezones.
ASX- and Aim-listed Base Resources on Friday reported that heavy mineral concentrate production during the March quarter reached 209 787 t, compared with the 88 087 t delivered in the previous quarter.
Ilmenite production for the March quarter increased from 109 649 t to 110 760 t, while rutile production remained fairly stable at 21 194 t, compared with the 21 768 t produced in the December quarter, and zircon production was up from 7 507 t to 7 865 t over the same period.
Base told shareholders that the usual slowdown in demand through the March quarter, as well as the continued lack of a firm direction in the markets, had resulted in ongoing cautious buying behaviour from customers.
Ilmenite sales for the quarter declined from the 103 035 t achieved in the December quarter to 95 984 t, while rutile sales were down from 23 896 t to 14 500 t. Zircon sales, however, increased from the 7 723 t achieved in the December quarter to 9 556 t.
Revenue per tonne of product sold also declined for $245/t in the December quarter to $208/t.
Meanwhile, Base was expecting full-year rutile production to reach between 82 000 t and 86 000 t, while ilmenite production would top between 440 000 t and 455 000 t, and zircon production between 29 000 t and 31 000 t.
Comments
Research Reports
Projects
Latest News
Showroom
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
