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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Base Resources Limited | LSE:BSE | London | Ordinary Share | AU000000BSE5 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.25 | 13.00 | 13.50 | 13.25 | 13.25 | 13.25 | 75 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 271.43M | -4.84M | -0.0041 | -60.98 | 295M |
TIDMBSE AIM and Media Release 6 June 2022 BASE RESOURCES LIMITED Kwale Operations impacted by local rainstorms African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that mining at the Company's Kwale Operations has been impacted by recent abnormal rainstorms in Kwale County, Kenya. This series of rainstorms over recent days resulted in flash flooding that overwhelmed the dewatering systems for the three operating hydraulic mining units (HMUs). Recovery work is underway, with one of three HMUs back in operation and delivering approximately 45% of normal mining volumes. The remaining two HMUs are currently not operating as they continue to be dewatered and replacement of the pump motors progresses. While the timing for returning to full mining volumes is uncertain, it is not currently expected that the Company's production guidance for financial year 2022 will need to be revised1. A further update will be provided once the timing for returning to full mining volumes becomes clear. [Note (1): Refer to Base Resources' announcement on 19 October 2021 "Quarterly Activities Report - September 2021" for the Company's FY2022 production guidance.] ENDS. For further information contact: James Fuller, Manager Communications and Investor UK Media Relations Relations Base Resources Tavistock Communications Tel: +61 (8) 9413 7426 Jos Simson and Gareth Tredway Mobile: +61 (0) 488 093 763 Tel: +44 (0) 207 920 3150 Email: jfuller@baseresources.com.au About Base Resources Base Resources is an Australian based, African focused, mineral sands producer and developer with a track record of project delivery and operational performance. The Company operates the established Kwale Operations in Kenya and is developing the Toliara Project in Madagascar. Base Resources is an ASX and AIM listed company. Further details about Base Resources are available at www.baseresources.com.au PRINCIPAL & REGISTERED OFFICE Level 3, 46 Colin Street West Perth, Western Australia, 6005 Email: info@baseresources.com.au Phone: +61 (0)8 9413 7400 Fax: +61 (0)8 9322 8912 NOMINATED ADVISOR RFC Ambrian Limited Stephen Allen Phone: +61 (0)8 9480 2500 JOINT BROKER Berenberg Matthew Armitt / Detlir Elezi Phone: +44 20 3207 7800 JOINT BROKER Canaccord Genuity Raj Khatri / James Asensio / Patrick Dolaghan Phone: +44 20 7523 8000 END
(END) Dow Jones Newswires
June 06, 2022 02:00 ET (06:00 GMT)
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