Base Resources Share News (BSE)

Base Resources shares fall amid expected lower production in Kenya

(Alliance News) - Base Resources Ltd on Monday said it expects its output of rutile, ilmenite and zircon from Kwale County, Kenya to be lower in financial year 2024 than in the current financial year that ends on Friday.

IN BRIEF: Base Resources says Sustainable Capital has increased stakes

Base Resources Ltd - West Perth, Australia-based African-focused mineral sands producer and developer - Says that Sustainable Capital Ltd has increased its voting power in Base Resources to 290.5 million shares from 277.2 million shares, a rise from 24% of total base resources ordinary shares in issue to 25%. This increase in Sustainable Capital's holding for the purposes of the AIM Rules for companies was the net result of the acquisition and disposal of ordinary shares during the period from August 6, 2020 to June 1 this year.

EARNINGS SUMMARY: Base Resources profit surges; Spectral MD optimistic

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Monday and not separately reported by Alliance News:

Base Resources in talks with Madagascar over on-ground suspension

(Alliance News) - Base Resources Ltd said on Friday it is continuing to progress discussions with the Madagascan government over its on-ground suspension.

UK shareholder meetings calendar - next 7 days

Base Resources lifts payout as revenue and profit soar on high prices

(Alliance News) - Base Resources Ltd on Monday upped its dividend due to a sharp rise in full-year profit, as a result of higher sales volumes and product prices.

IN BRIEF: Base Resources reduces Kwale South mineral, ore estimates

Base Resources Ltd - mineral sands developer with assets in Kenya and Madagascar - Says it has reduced Kwale South Dune ore reserve estimates by 18 million tonnes, and mineral resource estimates by 26 million tonnes due to mining depletion during the year that ended on June 30.

TRADING UPDATES: Upland and Pennpetro sign deal; PYX sales up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Base Resources posts maiden Bumamani project results, opts to proceed

(Alliance News) - Base Resources Ltd on Monday reported maiden results at the North Dune and Bumamani ore reserves in Kenya and decided to proceed with the projects.

IN BRIEF: Base Resources says operations in Kenya hit by rainstorms

Base Resources Ltd - mineral sands developer with assets in Kenya and Madagascar - Says its Kwale operations have been impacted by recent rainstorms in Kwale County in Kenya. The rainstorms resulted in flash flooding which overwhelmed the dewatering systems of three of its hydraulic mining units, the company explains. Recovery work is now underway. One of the three mining units is back in operation, delivering 45% of normal mining volumes. Base Resources says it does not expect to revise its production guidance for 2022.

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

EXECUTIVE CHANGES: GB Group adds former Pearson English chief to board

EXECUTIVE CHANGES: GB Group adds former Pearson English chief to board

TRADING UPDATES: Base Resources output up; Carnival closes credit line

TRADING UPDATES: Base Resources output up; Carnival closes credit line

IN BRIEF: Base Resources gets bigger mining lease at Kenya site

IN BRIEF: Base Resources gets bigger mining lease at Kenya site

Canaccord Genuity raises target price on Base Resources

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on mineral sands company Base Resources from 35.0p to 50.0p on Wednesday, citing its exposure to a suite of "underappreciated (but highly attractive) commodities" and a "strong" near-term dividend yield.