2021-8-18 · T he managing director of Kenmare Resources has said its titanium mineral mine in Mozambique has sufficient resources to support production – at the current rate – for more than 100 years and that the company had no plans to seek licences elsewhere.. Michael Carvill was speaking as the Dublin and London-listed mining firm reported record half-year profits of $48 million, up 278% on …
2020-9-15 · Kenmare previously announced three development projects that together have the objective of increasing annual ilmenite production to 1.2 Mt (plus co-products) on a sustainable basis from 2021, with the move of WCP B to the high grade Pilivili ore zone is the final project.
2020-7-16 · Kenmare has revealed that production of ilmenite, a heavy mineral used in paint pigments, would be lower than planned in 2020. Following second-quarter production ended-June, full-year output was confirmed to come in lower at between 700,000 and 800,000 tons, down from guidance of 800,000 and 900,000 tons previously. Ilmenite production in Kenmare''s 2019 financial year […]
2021-9-10 · "Additional mining areas have been identified for WCP B at Namalope to ensure that production is maintained, in the event of delays to the project execution schedule," Kenmare said. The Pilivili ore zone has the highest grades within Moma''s portfolio, with mineral reserves of 220 Mt averaging 4.4% total heavy mineral (THM).
Kenmare Resources Plc | 24,943 followers on LinkedIn. Kenmare produces >7% of the world''s titanium feedstocks, essential for the production of paint, paper and plastic | Kenmare Resources plc is an established mining company, which operates the Moma Titanium Minerals Mine, located on the north east coast of Mozambique. The Mine has been in production since 2007 and is recognised as a major ...
Dry mining operations remain suspended at Kenmare Resources'' Moma titanium minerals mine in N Mozambique following the death of a front-end loader operator in a crush injury. All mining and processing operations at Moma were halted for the initial investigation by mine management and police, and inquiries are continuing at the Wet Concentrator Plant A dry mining operation.
2021-8-29 · Earnings Trend: KMR has become profitable over the past 5 years, growing earnings by 35.6% per year. Accelerating Growth: KMR''s earnings growth over the past year (46.5%) exceeds its 5-year average (35.6% per year). Earnings vs Industry: KMR earnings growth over the past year (46.5%) underperformed the Metals and Mining industry 125.6%.
2021-8-20 · The managing director of Kenmare Resources has said its titanium mineral mine in Mozambique has sufficient resources to support production – at the current rate – for more than 100 years and that the company had no plans to seek licences elsewhere. Michael Carvill was speaking as the Dublin and London-listed mining firm reported record half ...
2020-10-15 · Operating costs were likely to be higher than planned from initial mining at Pilivili, but in the overall scheme of things, the delays are only passingly important. The move of the WCP B was the third and final capital project undertaken by Kenmare ahead of taking production of heavy minerals up about a fifth to 1.2 million tons annually.
2020-9-30 · The general manager of Kenmare''s Mozambican operations, Higino Jamisse, told reporters that the transfer by road, although more expensive than the alternative of dismantling the equipment and re-assembling it, was chosen because it implied a shorter interruption of mining.
2021-8-20 · Image courtesy of Kenmare Resources plc. Moma, one of the world''s biggest titanium mineral deposits, is located 160km from the city of Nampula in Mozambique, Africa. It is owned and operated by Kenmare Resources. The mine contains the titanium minerals ilmenite, rutile and zircon, which are used as feedstock to produce titanium dioxide pigment.
Kenmare PLC announce a full year 2020 dividend recommended of USc10.00 per share, up 22% on 2019, comprised of a USc2.31 per share interim dividend The Kenmare Board is recommending a 22% increase in dividends for 2020 with a final dividend of USc7.69 per share.
Today Kenmare paid the FY20 final # dividend of USc7.69/sh or US$8.5m, making a full year dividend of USc10.0/sh and a total 2020 dividend distribution of US$11.0m. Kenmare''s dividend policy is to pay a minimum of 20% Profit After Tax to shareholders, and is targeting a dividend payment of 25% Profit After Tax in 2021. # mining # mineralsands ...
2021-2-26 · Kenmare''s WCP A first began mining the Namalope ore zone in 2007, with WCP B commencing mining at Namalope a few years later in 2013. WCP B completed its mine path at Namalope in August 2020, although WCP A and WCP C will continue to mine this ore zone for several more years. This article first appeared in Mining Review Africa Issue 1, 2021.