Base Resources (ASX & AIM: BSE) 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 Sands Project in Madagascar.

HEAD OFFICE:

• Level 1, 50 Kings Park Road, West Perth WA 6005
• PO Box 928, West Perth BC 6872, Australia
• Phone: +618 9413 7400
• Fax: +618 9322 8912
• Website: www.baseresources.com.au/
• Email: info@baseresources.com.au

News

Kwale delivering for Base while fiscal discussion in Madagascar deferred

Pandemic the focus for Madagascan authorities

Covid-19

16 APRIL 2020

Base adds debt to 'enhance' flexibility

Kwale still operating though pandemic means halt can't be ruled out

Covid-19

01 APRIL 2020

Base hoping for key Toliara progress next month

Indications are an agreement on fiscal terms is nearing

Politics

27 FEBRUARY 2020

Base building credentials as a model miner

Base hoping its reputation as a responsible miner will help smooth the path for Toliara development

Bulks

18 FEBRUARY 2020

Base going well on the ground and paying tax in Kenya

No news out of Madagascar on fiscal terms for Toliara

Leadership

23 JANUARY 2020

Base slightly increases Kwale production expectations

Mining volumes and recoveries both 'up'

Bulks

13 JANUARY 2020

Base reveals details of big ticket Toliara development

Multi-decade project requires nearly one billion Australian dollars before first production

Feasibility

12 DECEMBER 2019

Base confident on Toliara

Mineral sands expects no political issue at planned development

Politics

22 NOVEMBER 2019

Base hits roadblock in Madagascar

Dispute with government around fiscal terms

Politics

08 NOVEMBER 2019

Base optimistic on mineral sands pricing

Rutile and ilmenite better placed than zircon

Profit & Loss

26 AUGUST 2019

Markets good as Base begins smaller production years in Kenya

Mineral sands miner has moved to lower quality South Dune at Kwale

Bulks

25 JULY 2019

Base looks north to increase mine life

Low-grade resource could provide 'modest' addition

Resource definition

01 MAY 2019

Low grades hit Base output

Mineral recoveries strong despite current low-grade regime

Bulks

30 APRIL 2019

Kwale's output falling next year for Base

Company suggests reduced production won't impact funding of Toliara development

Project finance

10 APRIL 2019

Base tolls up costs and benefits of Toliara

Definitive feasibility to be completed by end of year

Feasibility

21 MARCH 2019

Ilmenite demand remains strong for Base

Debt-free miner says no expected December drop-off for product aided higher profit

Profit & Loss

25 FEBRUARY 2019

Base ups Ranobe resource

25% increase in HM tonnes for Madagascar mineral sands project

Resource definition

23 JANUARY 2019

Base finally debt-free

Miner to transition between orebodies in Kenya, pays off debt

Bulks

17 JANUARY 2019

Solid quarter by mineral sands miner Base

Debt being whittled down

Bulks

18 OCTOBER 2018

Base adjusts its balance sheet with project debt retired

Increased revolving credit facility instead

Project finance

01 OCTOBER 2018

A Base for growth

Market response to details of expansion option a barometer for risk appetite

Feasibility

05 SEPTEMBER 2018

Base enjoying strong rutile market dynamics

Minerals sands producer looking at another strong year

Profit & Loss

27 AUGUST 2018

Base again delivers on forecasts and slashes debt

Mineral sands miner performing well in buoyant market

Bulks

25 JULY 2018

Mining Briefs: Anglo Australian, Riedel and more

In Mining Briefs: Anglo finds more gold; Riedel points to cobalt pointers; and more

Capital markets

15 MAY 2018

Directors buying Base Resources' shares

Mineral sands miner going swimmingly at present

Capital markets

14 MAY 2018

Base's Kwale has quarter of optimisation

Production only slightly down despite outages for implementation

Bulks

18 APRIL 2018

HEAD OFFICE:

• Level 1, 50 Kings Park Road, West Perth WA 6005
• PO Box 928, West Perth BC 6872, Australia
• Phone: +618 9413 7400
• Fax: +618 9322 8912
• Website: www.baseresources.com.au/
• Email: info@baseresources.com.au