![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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% | 323.00 | 323.00 | 325.50 | 325.00 | 322.50 | 322.50 | 16,344 | 14:20:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMKMR Kenmare Resources plc ("Kenmare" or "the Company") 11 March 2015 Kenmare Operations Update Kenmare Resources (LSE: KMR, ISE: KMR), one of the leading producers of titanium minerals, which operates the Moma Titanium Minerals Mine (the "Mine" or "Moma") in northern Mozambique, provides an operational update. Recent flooding in Nampula Province in northern Mozambique has resulted in damage to the power line between the Moma Mine and the city of Nampula, causing an interruption to the supply of grid power to the Mine. The power failure occurred when the Meluli River burst its banks, compromising the overhead line. A temporary repair was recently carried out in this location following a previous storm and as a result some of the materials necessary for repair are already at site with additional supplies to follow. A joint Kenmare and Electricidade de Moçambique team has been mobilised to begin repairs as the flooding subsides. In the meantime, the diesel generators have continued to operate and the Mine has been processing HMC stocks, magnetic and non-magnetic concentrate stocks, and exporting product. It is expected that the available power will be used to alternate supply between the Mineral Separation Plant and Wet Concentrator Plant B in a series of campaigns until grid power is restored. The effect of the power outage will be mitigated due to the significant levels of ilmenite product inventories on hand. The Company has recently secured additional off-take volumes with a new ilmenite customer for the product that makes up the bulk of the inventories on hand at Moma. . The Company will provide further updates in due course. For further information, please contact: Kenmare Resources plc Michael Carvill, Managing Director Tel: +353 1 671 0411 Mob: + 353 87 674 0110 Tony McCluskey, Financial Director Tel: +353 1 671 0411 Mob: + 353 87 674 0346 Jeremy Dibb, Corporate Development and Investor Relations Manager Tel: +353 1 671 0411 Mob: + 353 87 943 0367 Murray Consultants Joe Heron Tel: +353 1 498 0300 Mob: +353 87 690 9735 Buchanan Bobby Morse / Gordon Poole Tel: +44 207 466 5000 The Directors of Kenmare accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise. The distribution of this announcement in jurisdictions outside Ireland or the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction. A person interested in 1% or more of any class of relevant securities of Kenmare or Iluka may have disclosure obligations under Rule 8.3 of the Irish Takeover Rules, effective from 26 June 2014, the date of the commencement of the offer period for Kenmare under the Irish Takeover Rules. This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Kenmare Resources via Globenewswire HUG#1901400 http://www.kenmareresources.com/
1 Year Kenmare Resources Chart |
1 Month Kenmare Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions