Ausenco awarded A$250m Kwale contract

Mineral sands developer Base Resources has awarded fellow listed project house Ausenco with a A$250-million engineering, procurement, construction and management (EPCM) contract for the Kwale project, in Kenya. The Ausenco minerals and metals...

Australia-based company acquires required funding, to begin work on Kenyan operations

Mineral sands developer Base Resources is in the process of securing further offtake parties for its Kwale product, as the miner looks to start construction of the Kenyan project in April or May of this year.

Base signs offtake deal for Kwale

Mineral sands developer Base Resources has signed the largest producer of titanium oxide pigment, DuPont Titanium Technologies, as a cornerstone offtake partner for its Kwale project, in Kenya. The offtake agreement would see DuPont purchase a...

Base locks in $170m for Kwale

Mineral sands developer Base Resources has executed the $170-million debt facility agreement for its Kwale project, in Kenya. Base said on Wednesday that along with the recently completed equity capital raising, the debt facility would provide...

$170m secured for Kenya mineral sands project −Base

ASX-listed mineral sands developer Base Resources has secured $170-million in syndicated project finance to develop its Kwale mine, in Kenya. The debt finance facility would form part of the overall funding package for the development of Kwale,...

Production at Kwale expected to start in 2013

Mineral sands developer Base Resource tells Mining Weekly that it expects to start production at its Kwele project, in Kenya, by 2013.