https://www.miningweekly.com

Base reports record sales, lower costs in Q4

28th July 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Kenya-focused mineral sands miner Base Resources has reported record sales volumes across all of its products for the three months to June, while operating costs declined.

During the quarter, some 121 727 t of ilmenite, 25 382 t of rutile and 7 621 t of zircon were sold. The record sales volumes were achieved on the back of consistent production from the Kwale operation, which produced 206 123 t of heavy minerals concentrate, compared with the 206 324 t produced in the previous quarter.

Some 2.33-million tonnes of ore were mined during the quarter, up from the 2.29-million tonnes in the previous quarter, to produce 113 476 t of ilmenite, 19 499 t of rutile and 6 484 t of zircon.

Cash operating costs for the quarter declined from the $14.2-million reported in the March quarter to $13.5-million, with cash costs per tonne declining from $111/t to $97/t during the period, owing to the combination of lower total costs and higher production volumes in the quarter.

Operating costs in the coming quarter were expected to increase owing to the mid-life servicing of the mobile mining fleet.

Meanwhile, for the financial year ended June, Base produced 751 285 t of heavy minerals concentrate, containing 427 655 t of ilmenite, 71 537 t of rutile and 22 416 t of zircon.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.113 0.149s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: