About Base Titanium Limited
Base Titanium is a world-class mineral sands mine in Kwale, Kenya, East Africa.
Engagement with the EITI
Base Titanium continues to advocate at every opportunity that Kenya applies for membership.
Base Titanium has a statement of support on its website, discloses payments to government as well as contributes to EITI through its subscription.
Disclosure of Base Titanium’s payments is available on http://basetitanium.com/governance/extractive-industries-transparency-initiative
Financial contribution to international management of the EITI*
Base Titanium Limited contributed US$15,000 in 2017.
* The amounts said to be contributed to EITI are figures from the companies. For the audited EITI revenue figures, please consult the EITI financial accounts for that year.
Base Titanium has published its statement of taxes and royalties paid (for the Financial Year ended 30 June 2016).
From Base Titanium's statement of support:
Base Titanium adheres strictly to a policy of zero tolerance to all forms of corruption and unethical business practices. Our practices are governed by a series of policies that set the guiding principles in managing the environment, community relationships, occupational health and safety, employment and security. We expressly subscribe to the principles of EITI and its aim to strengthen governance through improving transparency and accountability in the broader extractive industries sector and support and promote its implementation. While Kenya is currently classified as neither a compliant nor candidate country, Base Titanium encourages the Government to adopt the EITI.