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Base Resources reports record first half revenue amid ongoing price increases

Base Resources reports record first half revenue amid ongoing price increases

Base Resources Ltd's Kevin Balloch discusses the mineral sands producer and developer's results for the six months to 31 December 2021. The company announced a 60% jump in interim earnings, record revenue and its fourth consecutive dividend. Underlying earnings surged to US$54.2mln from US$33.9mln in the year-earlier period. It plans to pay an interim dividend of A$0.03 (£0.02) per share.