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| 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 |
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RNS Number:1793E
Kenmare Resources PLC
18 October 2004
Kenmare Resources plc ("Kenmare" or "the Company")
KENMARE LAUNCHS CONSTRUCTION OF
MOMA TITANIUM MINERALS MINE
In Moma, Mozambique today Kenmare and the Government of Mozambique held a ground
breaking ceremony to mark the commencement of on-site construction for the
US$450 million dollar Moma Titanium Minerals Mine.
The construction phase of the mine will last two years after which the facility
will produce more than 650,000 tonnes of Titanium Minerals annually. Sales
contracts for more than 50% of the planned output have already been signed.
Charles Carvill, Chairman of Kenmare, said "The world market for titanium
minerals is strengthening solidly. Our task is to get the mine into production
as rapidly as possible. We are very pleased with progress so far and this
ceremony, to mark the start of the site construction, is another important step
forward".
For further information:
Kenmare Resources plc
Deirdre Corcoran
Financial Controller
Tel: +353 (1) 671 0411 or +353 (87) 6383742
Murray Consultants
Elizabeth Headon
Tel: +353 (1) 498 0300 or +353 (87) 989 7234
Conduit PR Ltd
Leesa Peters
Tel: + 44 207 936 9095 Mob: + 44 (0) 781 215 9885
www.kenmareresources.com
18 October, 2004
This information is provided by RNS
The company news service from the London Stock Exchange
END
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