Base Resources

$BSE & $UUUU recently announced an MOU with the Government of Madagascar $BSE is advancing the Toliara Project which includes the Ranobe deposit and an MRE of 2,580Mt at 4.3% HM and Ore Reserves of 904Mt at 6.1% sufficient to support a 38-year LoM bit.ly/3VKwbWS

$BSE is dedicated to the rehabilitation of the Kwale mine and is proud to host local youth groups, such as the Kwale Focus Empower CBO, to engage with the community and educate them on the rehabilitation progress and ongoing community projects at the site.

$BSE as a subsidiary of $UUUU, is pleased to announce the recently entered MoU with the Gov. of Madagascar setting forth key terms applicable to the Toliara Project in Madagascar $BSE & $UUUU are progressing towards FID expected to be made in early 2026 bit.ly/3ZAn4ZU

$BSE recently delivered a presentation on its approach to mine rehabilitation and closure at this year's International Conference on Mine Closures in Perth $BSE's presentation explored the methodology of Kwale's closure and minimising lasting environmental impacts in Kenya

$BSE, the Red Cross and Kenyan Police recently organised a 3-day training program to enhance disaster preparedness in communities around the Mkurumudzi Dam and Tailings Storage Facility The program educated the community on safety response techniques and best practice procedures

$BSE recently attended Kenya's Mining Investment Conference & Expo GM of External Affairs Simon Wall participated in a panel talk and presentation on the mining legacy of Kwale $BSE received a Lifetime Achievement of Stellar Leadership in Innovation & Responsible Mining

$BSE is pleased to announce that the Madagascar Council of Ministers, Chaired by the President of the Republic of Madagascar, has lifted the suspension on the Toliara critical minerals project. $UUUU will recommence development of Toliara in 2025 bit.ly/49ghPTF

$BSE and the Kwale PAVI Cooperative Society have successfully harvested 9.6 tons of cotton and 3.8 tons of maize with follow-ups conducted in Kikoneni, Dzombo, and Majimnoni By supporting local farmers production, $BSE continues to drive sustainable development in Kwale County

$BSE recently celebrated 120 employees who completed the Recognition of Prior Learning program In collaboration with NITA, KNQA, Ministry of Labour and the State Department, the initiative has assessed over 150 employees in key trades that drives industry growth

$BSE recently held a farewell event for 82 environmental patrons from 42 schools at the Kenya Wildlife Service offices in Shimoni The event marked the conclusion of a seven-year partnership which promoted environmental awareness amongst school children in Kwale County

$BSE is dedicated to advancing education in the local community. $BSE and the Community Development Agreement Committee are constructing the administration block at the Kikoneni Primary School in Kwale The project falls under the Mrima Bwiti CDAC and stands at 78% completion

$BSE recently participated in a Kwale County town clean up exercise. Led by the Kwale County CEC for Environment and Natural Resources, Madam Saumu Beja, $BSE's Environmental Management team and various stakeholders took part in the exercise where 500kgs of waste was collected.

$BSE Security Manager, Edward Achola was recently awarded the Outstanding In-House Security Manager award at the Outstanding Security Performance Awards The OSPAs recognise companies, people and innovation across the security sector as a benchmark for excellence

$BSE recently had the pleasure of hosting Mining Engineering and Geology students and faculty, from both the University of Nairobi and the Jomo Kenyatta University of Agriculture and Technology at the Kwale mine site.

$BSE regularly holds meetings with village elders in communities surrounding the mine site to educate on exercising safety and caution around live wires The initiative informs community members on how to act in the event of a fallen power line during a natural disaster

$BSE is pleased to contribute to the establishment and growth of PAVI Cooperative, which began in 2016 and has since expanded to over 3000 small-scale farmers. From launching maize and animal feed mills, PAVI is now nearing completion of a cotton ginnery.

$BSE recently developed a mangrove nursery along the Mwazaro beach front with support from the Mwazaro Primary School and the Mwazaro Beach Management Unit $BSE facilitated the propagation of 500 seedlings and collected 279kg of waste as part of our commitment to sustainability

$BSE had the privilege of hosting H.E. Hon. Ali Hassan Joho, EGH, Cabinet Secretary for Mining, Blue Economy & Maritime Affairs for his inaugural site tour of our Kwale Operations. The Cabinet Secretary commended $BSE as a model for future sustainable mining ventures.

$BSE recently had the pleasure of hosting a tour with Dr. Emmanuel Nzai, Chairman of Vision 2030 at Kwale. As Kenya’s largest mine and a flagship project under the Vision 2030 national development blueprint, $BSE is proud to contribute to Kenya's economic growth and development.

$BSE is pleased to share that the Kwale PAVI Cooperative Society successfully harvested 1.3t of cotton across its Ramisi, Kinondo and Kubo South fields. The Kwale PAVI Cooperative Society is critical to empowering local farmers through the promotion of sustainable agriculture.