BSE base resources limited

June 6 (Reuters) - Base Resources Ltd (BSE) : KWALE OPERATIONS...

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    June 6 (Reuters) - Base Resources Ltd (BSE) :

    • KWALE OPERATIONS IMPACTED BY LOCAL RAINSTORMS-BSE.AX
    • MINING AT COMPANY'S KWALE OPERATIONS HAS BEEN IMPACTED BY RECENT ABNORMAL RAINSTORMS IN KWALE COUNTY, KENYA
    • TIMING FOR RETURNING TO FULL MINING VOLUMES IS UNCERTAIN
    • NOT CURRENTLY EXPECTED THAT CO'S PRODUCTION GUIDANCE FOR FY 2022 WILL NEED TO BE REVISED
    • SERIES OF RAINSTORMS OVER RECENT DAYS RESULTED IN FLASH FLOODING THAT OVERWHELMED DEWATERING SYSTEMS FOR THREE OPERATING HMUS
    • RECOVERY WORK IS UNDERWAY AT KWALE OPERATIONS, WITH 1 OF 3 HMUS BACK IN OPERATION AND DELIVERING ABOUT 45% OF NORMAL MINING VOLUMES
 
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