Technical Completion Achieved

 
TIDMKMR 
 
Kenmare Resources plc ("Kenmare" or "the Company") 
 
6th September, 2011 
 
                         Technical Completion Achieved 
 
Kenmare is pleased to announce that it has achieved "Technical Completion" at 
the Moma Titanium Minerals Mine. Technical Completion is a requirement of the 
financing documents, and is achieved by issuing four certificates: Physical 
Facilities, Production, Efficiency and Environmental.  The first three of these 
certificates were issued earlier this year and the Environmental Certificate has 
now been issued. 
 
The Moma Mine operates subject to applicable environmental standards of the 
Government of Mozambique, the World Bank and the African Development Bank. The 
Company has developed a set of environmental controls and reporting systems 
which have enabled the Moma Mine to monitor and comply with these standards. 
 
The project loans associated with the Moma Mine are guaranteed by Kenmare. This 
guarantee terminates when both Technical and Non-Technical Completion are 
achieved. The key remaining step to achieve Non-Technical Completion involves 
the filling of specified reserve accounts to the required levels, which must 
occur by 31 December 2013. 
 
Tony McCluskey, Kenmare's Finance Director, said: "We are delighted to have 
passed this major milestone and appreciate our lenders' and shareholders' 
support as we put in place all the environmental controls and reporting systems 
which enabled us to achieve Technical Completion.  We can now move on to 
achieving Non-Technical Completion, when Kenmare's project loans guarantee is 
released." 
 
For further information, please contact: 
 
Kenmare Resources plc. 
Tony McCluskey, Financial Director        Michael Carvill, Managing Director 
Tel: [phone]        Tel: [phone] 
Mob: + 353 87 674 0346        Mob: + 353 87 674 0110 
 
Murray Consultants 
Joe Heron 
Tel: [phone] 
Mob: [phone] 
 
Tavistock Communications 
Jos Simson 
Tel: [phone] 
Mob: [phone] 
 
 
 
 
 
 
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Source: Kenmare Resources via Thomson Reuters ONE 
 
[HUG#1544189]