Base Resources revises production guidance upwards, as Kwale continues to outperform

Base Resources Ltd (ASX:BSE)(LON:BSE) has issued revised production guidance for the Kwale mineral sands project in Kenya.

In a statement, the firm said production of rutile is now expected to be between 75,000 and 81,000 tonnes, up from a previously forecast range of between 64,000 and 70,000.

It said Ilmenite and zircon guidance has also been boosted, as separation efficiency has improved following the transition from mining at the Central Dune to the South Dune.

The assumption is based on Read More – Source