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KMR Kenmare Resources Plc

325.00
1.00 (0.31%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kenmare Resources Plc LSE:KMR London Ordinary Share IE00BDC5DG00 ORD EUR0.001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.31% 325.00 320.50 325.50 326.50 319.00 322.50 69,213 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Kenmare Resources - Completion of PlantOperations

29/02/2000 4:42pm

UK Regulatory


RNS Number:4233G
Kenmare Resources PLC
29 February 2000

KENMARE RESOURCES PLC ("KENMARE")

Moma Pilot Plant Operations Successfully Completed

Kenmare has successfully completed pilot plant operations at its Moma Titanium
Minerals project in northern Mozambique.  One thousand tonnes of ore were
processed through the pilot plant over a six week period.  The resulting Heavy
Mineral Concentrate has been shipped to Australia where product samples will
be produced and process design work completed.  Pilot plant testing follows
the Pre-Feasibility Study, concluded earlier this year.  This confirmed that
the project is commercial and can provide strong returns when completed.

The Moma project is unaffected by recent rains and flooding which are being
experienced in southern Mozambique. 

Charles Carvill, Kenmare's Chairman said: "The completion of pilot plant
operations, on budget and ahead of schedule, is a significant milestone
towards  the achievement of the Definitive Feasibility Study for this major
project.  The study is due to be finished before the end of the year.  We hope
to begin production during 2002."

For more information:

Michael Carvill
Managing Director
+353-1-671 0411 or +353-87-6740110

END
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