Base optimistic on mineral sands pricing

MINERAL sands miner Base Resources has flagged strengthening rutile and ilmenite prices and a stabilising zircon price as it heads into the new financial year after a 2019 that saw the previously indebted company move into a net cash position and a 15% increase in net profit to US$39 million.

Base optimistic on mineral sands pricing Base optimistic on mineral sands pricing Base optimistic on mineral sands pricing Base optimistic on mineral sands pricing Base optimistic on mineral sands pricing

Base has tried to hose down any negative talk around mineral sands pricing

Base's record revenue in 2019 of $209 million was 47% contributed by rutile, 28% by ilmenite and 25% by zircon production from Base's Kwale operation in Kenya.

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