PROJECT FINANCE

Kwale's output falling next year for Base

MINERAL sands miner Base Resources has forecast significantly lower production next financial year from the Kwale operation in Kenya, but said the reduced output was "consistent with internal assumptions" regarding cash flows with regards funding requirements for the Toliara development.

Kwale is winding down.

Kwale is winding down.

Production ranges for rutile, ilmenite and zircon in 2020 are in the order of 20% down on the ranges forecast in the current year.   The reduction comes as mining moves from the depleted Central Dune...

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