MADAGASCAR: Base Resources Anticipates Revenue/Cost Ratio of 3.15 for Toliara

摘要

The average revenue/cost ratio should be about 3.15 over the life of mine, positioning the Toliara operation at the upper end of the top quartile of the global mineral sands industry's cost-curve. In short, the Toliara Sands venture promises to be a worldclass mineral sands development opportunity. As the next large-scale mining investment in the country and the first for almost a decade, the Toliara project is of enormous national importance to Madagascar.