Kenmare Resources ‘on track’ for 2024 targets
Market conditions at mining company ‘continue to be robust’ with order book largely committed for remainder of year
Kenmare Resources
Kenmare ‘well-placed’ to tap into growing global demand for titanium
Dublin-headquartered mining group sees lower shipments of product from its Moma titanium mine in northern Mozambique
Kenmare names financial director Tom Hickey as managing director at mining company
Mr Hickey replaces founder Michael Carvill, who will step down this week
Kenmare Resources to name Carvill successor within weeks
Mining company says its shipments have dropped 18%
Furlong’s Pageant builds up 3.2% stake in Corre Energy
Corre was down to €1.08m of cash at the end of last year but later raised €2.76m in share sale
Man dies working in Kenmare Resources’ Mozambique mine
Group conducting investigations into fatal incident at its Moma mine
Wall Street recovery drives rise in global shares ahead of earnings reports
Euronext Dublin up just over 1% at close of business on ‘strong day’ for the market, traders say
Kenmare Resources on track to meet 2024 guidance
But significant maintenance work contributes to decline in shipments in first quarter
Kenmare chief says ‘nobody banging on our door’ after investor calls for sale
Falling mineral prices and disruption to production at mine see earnings come in one quarter below those for last year
Kenmare Resources founder to leave company
Michael Carvill will step down as managing director later this year as company begins transition process
The banker Kenmare hired decade ago to thwart takeover now holds key as some investors seek sale
Investment banker Andrew Webb is facing pressure from parts of the shareholder base to surrender the mining company’s independence
Kenmare investor JO Hambro calls for strategic review as it favours sale
Shares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before Christmas
Kenmare Resources to push ahead with upgrade plan ahead of move to new mining zone
Capital expenditure for project will be up to $331m by the end of 2026
Kenmare Resources sees brighter prospects for second half of 2023
Production at mining company picking up following weaker first half due to impact of severe lightning strike
European shares rise as tech leads gains on Fed rate optimism
Stoxx 600 records best winning streak since April as tech and mining stocks boost index
Production at Kenmare Resources hit in first half
Lingering effects of lightning strike, power reliability reduced guidance for ilmenite production
‘Challenging’ quarter for Kenmare Resources but production remains on track
Company says full year production will be at lower end of range after lightning strike disrupts operations
Bonus shares boost Kenmare Resources managing director’s pay to €1.6m
Irish mining company’s annual report shows Michael Carvill earned $1.76m last year
Shares tread water ahead of Fed decision
Banking stocks were in the spotlight again with financials giving back some of their gains
Kenmare Resources shares jump amid dividend boost
Company said it moved to net cash positive position in 2022
Kenmare Resources reduces production targets amid power cuts
Rare earths miner dealing with issues in Mozambique
Kenmare Resources shows its mettle with titanium mining initiative
Interview: Managing director Michael Carvill oversaw move of entire factory in Mozambique
European shares end five-day upward streak with 1% decline
Stoxx 600 index now more than 8% lower than record highs reached earlier this year
Kenmare reports record jump in revenue on higher volumes and prices
Mining company says prices were on average 21% up on the previous year
Record year for Kenmare Resources as production and sales rise
The mining company sees strong momentum continuing into 2022
Kenmare Resources to return up to £61.8m to shareholders
Tender offer will see company buy up to 13.5% of share capital
Production increases at Kenmare Resources
Shipments total of 322,600 tonnes represents 173 per cent increase year on year
European bourses tread water while US stocks rise on official Pfizer approval
Vaccine OK raises hope of quicker recovery
Kenmare boss says Mozambique mine can support production for 100 years
Mining firm reports record half-year profits of $48 million, up 278% on previous year
Kenmare resources sees record production in second quarter
Company plans to begin vaccinating employees, contractors and local communities later in the month
Inflation concerns stoke fear as global markets retreat
Iseq in Dublin declines by more than 1.5% with resource stocks faring particularly badly
Production at Kenmare Resources rose significantly in first quarter
Mining company predicts rising prices for ilmenite and zircon
Revenue falls at Kenmare after major move of infrastructure
Mining group sees decreased production and shipment volumes from its Moma titanium mineral mine in Mozambique
Iseq flat while other European bourses rise
US markets heading for record highs on stimulus and vaccine rollout hopes
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Election 2024
Full general election coverage including analysis and results for all 43 constituencies
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices