Base Resources Ltd's (LON:BSE) chief financial officer Kevin Balloch tells Proactive's Andrew Scott they were able to operate in the second quarter uninterrupted at the Kwale mine in Kenya with production coming in at the higher end of guidance. Demand from customers was firm and supported further upward movement in ilmenite prices, while rutile and zircon prices remained steady. Base finished the quarter with cash of US$87.6mln in the bank.
Base Resources reports strong sales and hits upper end of production guidance in second quarter
Quick facts: Base Resources Limited
Price: 15.9 GBX
Market Cap: £187.3 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Base Resources Limited named herein, including the promotion by the Company of Base Resources Limited in any Content on the Site, the Company...FOR OUR FULL DISCLAIMER CLICK HERE