HomeBase Resources Q3 sales rises to Ksh 10B on higher ores demand

Base Resources Q3 sales rises to Ksh 10B on higher ores demand

By Team Newsday

July 25, 2022

Titanium miner, Base Resources saw its sales surge 44.7pc to Ksh 10.8 billion in the fourth quarter ended June 30, 2022.

The company says sales rose from Ksh 7.4 billion in 2021 driven by a surge in the international prices of the ilmenite, rutile, and zircon.

The Australian mineral sands producer is the owner of Base Titanium, which operates titanium mines in Kwale County.

The company says Mining operations continued on the South Dune orebody with mined tonnage lower than planned due…

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