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Solid quarter by mineral sands miner Base

MINERAL sands miner Base Resources’ net debt is down to less than US$24 million after a quarter that saw “record production of 25,125 tonnes rutile and 9683t of zircon … (and) continued strengthening of rutile and zircon prices”.

Kwale

Kwale

The reduction in net debt totalled $9.4 million, while production guidance for the financial year underway from its Kwale operation in Kenya remains unchanged - with expected rutile output of 88,000-93,000t,...

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