Earnings release
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BASE RESOURCES ASX , AIM and Media Release 19 October 2021 Quarterly Activities Report - September 2021 Key points • Ongoing strong demand for all products supported further price increases in the quarter . Kwale Operations mine life extended to December 2023 following finalisation of mining lease extension . Bumamani PFS released concluding that higher grade subsets of the Bumamani and Kwale North Dune deposits can be economically mined , which would extend Kwale mine life to mid - 2024 . Three Tanzanian prospecting licences granted , with a fourth pending , and preparatory work for an exploration program commenced . R Ranobe Mineral Resources and Ore Reserves estimates updated to incorporate drilling program results . Toliara Project scale and economics enhanced with release of DFS2 . FY21 full - year dividend of AUD4.0 cents per share paid , totalling US $ 34.8 million . African mineral sands producer , Base Resources Limited ( ASX & AIM : BSE ) ( Base Resources or the Company ) is pleased to provide a quarterly operational , development and corporate update . COVID - 19 UPDATE Base Resources continues to closely monitor the COVID - 19 pandemic and its impacts on the Company's business , people and wider stakeholders . The Company's Kwale Operations in Kenya operates under a suite of controls and mitigations aimed at protecting the health and safety of our employees and neighbouring communities , including modified workplace practices and a focus on hygiene and social distancing . On site rapid antigen COVID - 19 testing is utilised and employees have been encouraged to access the Government of Kenya vaccination program . The Company continues to assist governments and communities with initiatives focused on the construction of hygiene facilities , and the donation and distribution of food and medical supplies and equipment . KWALE OPERATIONS Produc Production & Sales Sept 2020 Quarter Dec 2020 Quarter Mar 2021 Quarter June 2021 Quarter Sept 2021 Quarter Production ( tonnes ) Ilmenite 65,863 78,500 84,178 88,735 72,866 Rutile 15,513 18,171 19,448 20,116 17,762 Zircon 6,000 6,677 7,388 7,057 6,069 Zircon low grade¹ 426 516 482 454 506 Sales ( tonnes ) Ilmenite 75,502 53,798 97,179 93,959 34,107 Rutile 11,651 12,017 26,074 24,597 13,791 Zircon 7,336 6,399 6,612 7,690 5,622 Zircon low grade¹ 505 502 698 617 1 Reported as tonnes of zircon concentrate which contains low grades of zircon and rutile credits . Base Resources Limited ABN 88 125 546 910 +61 8 9413 7400 baseresources.com.au Level 3 , 46 Colin Street West Perth WA 6005