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Kenmare Res PLC Ord EUR0.06 (KMR)

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22-Aug-2012 09:31 AM

Kenmare operating profits up 370%

Operating profits at Kenmare Resources soared by 370% to $47.0m in the six months to the end of June. Revenues were up 95% at $109m and earnings before interest, tax, depreciation and amortisation increased by 182% to $55.5m. Managing director Michael C
28-Mar-2012 08:27 AM

Kenmare swings into profit as revenues jump

Kenmare Resources - which operates the Moma titanium minerals mine in Mozambique - bounced into the black in the year to the end of December. The group posts after-tax profits of $23.7m against a loss of $16.3m last time with earnings before interest,
25-Jan-2012 09:11 AM

Kenmare revenues up 83%

Kenmare Resources saw robust demand for all products during 2011 with strong growth in prices. The company's update on its Moma mine operations in Mozambique revealed that 192,400 tonnes of finished products were shipped in the fourth quarter - up
09-Jan-2012 09:59 AM

Kenmare appoints chairman

Kenmare has appointed Justin Loasby as non-executive chairman with effect from 23 January. Loasby joined Kenmare's board in August 2011 as a non-executive director. He has extensive experience of African mining from his former position as associ
27-Oct-2011 01:27 PM

Kenmare output improves but still below capacity

Kenmare's mining activities operated at a higher rate during the third quarter, producing 196,000 tonnes of heavy mineral concentrate compared with 154,000 tonnes in the second quarter. Ilmenite production for the quarter was 147,000 tonnes, a 5% i
08-Sep-2011 11:03 AM

Kenmare diector joins Board of Galane Gold

Ian Egan, a non-executive director of Kenmare, has been appointed a director of Galane Gold, a gold production and exploration company. Galane owns the Mupane gold mine in Botswana. At 11:03am: (LON:KMR) Kenmare Resources share price was +2.79p at 45.1
25-Aug-2011 09:40 AM

Kenmare first half earnings soar

Kenmare Resources unveils strong first half results with revenues and earnings up on a year ago. Kenmare said average prices for ilmenite increased by 30% and zircon by 38% from the second half of last year. Revenues increased to $56m from $40.6m - de
27-Apr-2011 10:02 AM

Unofficial strike halts output at Kenmare's Moma mine

An unofficial strike has halted production at Kenmare Resources' Moma titanium minerals mine in Mozambique. The company said annual wage negotiations with the union had been progressing when an unofficial strike was called by a group of employees.
21-Apr-2011 10:20 AM

Elizabeth Headon becomes a director of Kenmare Resources

Elizabeth Headon has joined the Board of Kenmare Resources as a non-executive director. She is currently chief executive of Digicel Foundation, based in Port au Prince in Haiti, and has 15 years experience in corporate communications. At 10:20am: (LON
18-Apr-2011 07:11 AM

Kenmare Resources reports jump in annual production

Kenmare Resources, which operates the Moma Titanium Minerals Mine in Mozambique, reported revenues of $91.6m and EBITDA of $17.4m in the year to end-December 2010, with mineral resources increasing by 20% since June 2010. HMC production increased by 16%
20-Jan-2011 02:21 PM

Kenmare reports output increases at Moma mine

Production of heavy mineral concentrate at Kenmare Resources' Moma titanium minerals mine was at nameplate capacity in the second half of 2010 and increased by 8% to 496,190 tonnes compared with the first half. The firm said this was a very strong
18-Nov-2010 04:27 PM

Kenmare to appeal over libel verdict and €10m award

Kenmare Resources is appealing against a High Court verdict in a defamation case by a former company director who was awarded €10m damages. Kenmare says the vigorous appeal to the Supreme Court will be made with a view to setting aside both the ver
17-Nov-2010 10:00 AM

Kenmare heavy mineral concentrate output up 31%

Kenmare Resources increased mining production of heavy mineral concentrate by 31% to 297,000 tonnes in the third quarter Over the same period, the mineral separation plant produced 206,000 tonnes of ilmenite, a 22% increase on the second quarter's
09-Nov-2010 08:02 AM

Kenmare resumes mining at Moma

Kenmare has resumed mining at the Moma titanium minerals mine in Mozambique following a breach of a settling pond on 8 October when a four-year-old girl died. Kenmare said improvements to the settling pond berm complex were designed, completed and appr
27-Oct-2010 10:33 AM

Kenmare fears four-year-old girl died in Moma mine incident

Kenmare Resources fears a four-year-old girl died when a settling pond breached a retaining wall at the Moma Mine in Mozambique on 8 October. Water, sand and clay flowing through part of the nearby village of Topuito after the wall was breached. It sai
26-Aug-2010 12:33 PM

Kenmare increases interim revenues 52%

Mozambique mining group, Kenmare Resources says that revenues rose 52% to $40.6m as the Group posted a $1.15m pre-tax profits during the six months to 30 June 2010. Production of Ilmenite rose 16% whilst zircon production was 49% higher during the period
26-Aug-2010 12:33 PM

Kenmare increases interim revenues 52%

Mozambique mining group, Kenmare Resources says that revenues rose 52% to $40.6m as the Group posted a $1.15m pre-tax profits during the six months to 30 June 2010. Production of Ilmenite rose 16% whilst zircon production was 49% higher during the period
26-Aug-2010 12:33 PM

Kenmare increases interim revenues 52%

Mozambique mining group, Kenmare Resources says that revenues rose 52% to $40.6m as the Group posted a $1.15m pre-tax profits during the six months to 30 June 2010. Production of Ilmenite rose 16% whilst zircon production was 49% higher during the period
26-Aug-2010 12:33 PM

Kenmare increases interim revenues 52%

Mozambique mining group, Kenmare Resources says that revenues rose 52% to $40.6m as the Group posted a $1.15m pre-tax profits during the six months to 30 June 2010. Production of Ilmenite rose 16% whilst zircon production was 49% higher during the period
26-May-2010 12:11 PM

Director Deals - Kenmare Res. (KMR)

Anthony Lowrie, Non Executive Director, bought 1,000,000 shares in the company on the 26th May 2010 at a price of 9.00p. The Director now holds 5,870,891 shares. NOTE: Story provided by Business Financial Newswire...
20-May-2010 11:47 AM

Kenmare production figures in line

Mozambique miner, Kenmare Resources says that production of ilmenite from the Moma Titanium Mine during April 2010 was 14% higher than the Q1 2010 average at 57,307 tonnes. Production of zircon is up 20% to 3,231 tonnes from the monthly average of 2
28-Apr-2010 10:20 AM

Kenmare ups production in 2010

Kenmare Resources says that it produced 150,965 tonnes of ilmenite and 8,001 tonnes of zircon during the first quarter of 2010. These represent increases of 5% and 48% over the same period last year. The Group says that demand and prices for its prod
29-Mar-2010 12:59 PM

Kenmare open offer shares 73.5% subscribed

Kenmare Resources says that the open offer was 73.5% subscribed and the remaining 26.5% of the open offer shares have been conditionally placed. Following the open offer and the firm placing, Kenmare will raise a total of £179.6m through the issue of 1,
05-Mar-2010 08:52 AM

Kenmare unveils £179.6m fundraising

Kenmare Resources is raising £179.6m through the firm placing, placing and open offer of 1,497 million new ordinary shares at 12p apiece - a 41.8% discount to the closing price yesterday (4 March). The firm said half - £89,821,804 - would be raised throu
05-Mar-2010 07:53 AM

Kenmare in the red with loss of $30.35m

Kenmare Resources posts a full year pre-tax loss of $30.35m compared with a profit of $345,000 last time. Operating losses for the year to the end of December rose to $12.1m from $1.3m and the firm had cash and cash equivalents of $17.4m - down from $40.
 
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