Base Resources Ltd (BSE)

Sector:

Mining

Index:

FTSE AIM All-Share

12.75p
   
  • Change Today:
      0.13p
  • 52 Week High: 13.00
  • 52 Week Low: 5.40
  • Currency: UK Pounds
  • Shares Issued: 1,178.01m
  • Volume: 560
  • Market Cap: £150.20m
  • RiskGrade: 182

Base Resources transfers operations to new orebody at Kwale

By Josh White

Date: Tuesday 09 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Base Resources has completed the transition of mining operations to the South Dune orebody at its Kwale Operations in Kenya, it announced on Tuesday.
The AIM-traded firm said that, following a successful and on-schedule transition, mining rates were now back to nameplate capacity, with all three hydraulic mining units fully operational.

It said the Kwale Operations mineral separation plant operated on stockpiled heavy mineral concentrate throughout the transition period, to ensure uninterrupted production.

Preparations for the transition to the South Dune primarily involved the installation of 7,400 metres of slurry and water piping, an 8,500 metre 11kV power line, a bridge across the Mukurumudzi Dam spillway, a 1.25MW slurry booster pump and a 1MW process water booster pump.

The transition of mining operations from the fully-depleted Central Dune orebody to the South Dune orebody took place over a fortnight, the board said, and involved moving the hydraulic mining units and the commissioning of the new pumps, pipes and power supply.

"We have been planning for this transition of mining for over 12 months, and it is a testament to the professionalism of the team that the move was completed on schedule and without incident," said Base Resources executive director of operations and development, Colin Bwye.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BSE Market Data

Currency UK Pounds
Share Price 12.75p
Change Today 0.13p
% Change 0.99 %
52 Week High 13.00
52 Week Low 5.40
Volume 560
Shares Issued 1,178.01m
Market Cap £150.20m
RiskGrade 182

BSE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
24.81% above the sector average24.81% above the sector average24.81% above the sector average24.81% above the sector average24.81% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
69.66% above the sector average69.66% above the sector average69.66% above the sector average69.66% above the sector average69.66% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Growth
Market averageMarket averageMarket averageMarket averageMarket average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
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BSE Dividends

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  Final Interim
Ex-Div 08-Sep-23 10-Mar-23
Paid 28-Sep-23 30-Mar-23
Amount 4.00¢ 2.00¢

Trades for 30-Apr-2024

Time Volume / Share Price
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08:09 173 @ 12.50p
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