Base Resources (ASX: BSE) is developing the world-class Kwale Mineral Sands Project in Kenya, East Africa. Kwale is an advanced and highly competitive project in a sector with a with an emerging supply shortfall and resultant strong product price outlook. With all material project approvals, permits and licences required for development currently in place, financing secured and construction underway, a realistic development time line should see the Kwale Project in production in 2013.
Company Website: www.baseresources.com.au