Kenmare appoints former Rio Tinto executive to finance officer role
Appointment comes after shares in the titanium miner slipped on Thursday amid civil unrest in Mozambique
Kenmare Resources
Kenmare shares dip as new Mozambique deal drifts amid civil unrest
Extension will not be finalised before existing 20-year deal expires this weekend but company says terms are agreed in principle
Kenmare Resources ‘on track’ for 2024 targets
Market conditions at mining company ‘continue to be robust’ with order book largely committed for remainder of year
Kenmare ‘well-placed’ to tap into growing global demand for titanium
Dublin-headquartered mining group sees lower shipments of product from its Moma titanium mine in northern Mozambique
Kenmare names financial director Tom Hickey as managing director at mining company
Mr Hickey replaces founder Michael Carvill, who will step down this week
Kenmare Resources to name Carvill successor within weeks
Mining company says its shipments have dropped 18%
Furlong’s Pageant builds up 3.2% stake in Corre Energy
Corre was down to €1.08m of cash at the end of last year but later raised €2.76m in share sale
Man dies working in Kenmare Resources’ Mozambique mine
Group conducting investigations into fatal incident at its Moma mine
Wall Street recovery drives rise in global shares ahead of earnings reports
Euronext Dublin up just over 1% at close of business on ‘strong day’ for the market, traders say
Kenmare Resources on track to meet 2024 guidance
But significant maintenance work contributes to decline in shipments in first quarter
Kenmare chief says ‘nobody banging on our door’ after investor calls for sale
Falling mineral prices and disruption to production at mine see earnings come in one quarter below those for last year
Kenmare Resources founder to leave company
Michael Carvill will step down as managing director later this year as company begins transition process
The banker Kenmare hired decade ago to thwart takeover now holds key as some investors seek sale
Investment banker Andrew Webb is facing pressure from parts of the shareholder base to surrender the mining company’s independence
Kenmare investor JO Hambro calls for strategic review as it favours sale
Shares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before Christmas
Kenmare Resources to push ahead with upgrade plan ahead of move to new mining zone
Capital expenditure for project will be up to $331m by the end of 2026
Kenmare Resources sees brighter prospects for second half of 2023
Production at mining company picking up following weaker first half due to impact of severe lightning strike
European shares rise as tech leads gains on Fed rate optimism
Stoxx 600 records best winning streak since April as tech and mining stocks boost index
Production at Kenmare Resources hit in first half
Lingering effects of lightning strike, power reliability reduced guidance for ilmenite production
‘Challenging’ quarter for Kenmare Resources but production remains on track
Company says full year production will be at lower end of range after lightning strike disrupts operations
Bonus shares boost Kenmare Resources managing director’s pay to €1.6m
Irish mining company’s annual report shows Michael Carvill earned $1.76m last year
Shares tread water ahead of Fed decision
Banking stocks were in the spotlight again with financials giving back some of their gains
Kenmare Resources shares jump amid dividend boost
Company said it moved to net cash positive position in 2022
Kenmare Resources reduces production targets amid power cuts
Rare earths miner dealing with issues in Mozambique
Kenmare Resources shows its mettle with titanium mining initiative
Interview: Managing director Michael Carvill oversaw move of entire factory in Mozambique
European shares end five-day upward streak with 1% decline
Stoxx 600 index now more than 8% lower than record highs reached earlier this year
Kenmare reports record jump in revenue on higher volumes and prices
Mining company says prices were on average 21% up on the previous year
Record year for Kenmare Resources as production and sales rise
The mining company sees strong momentum continuing into 2022
Kenmare Resources to return up to £61.8m to shareholders
Tender offer will see company buy up to 13.5% of share capital
Production increases at Kenmare Resources
Shipments total of 322,600 tonnes represents 173 per cent increase year on year
European bourses tread water while US stocks rise on official Pfizer approval
Vaccine OK raises hope of quicker recovery
Kenmare boss says Mozambique mine can support production for 100 years
Mining firm reports record half-year profits of $48 million, up 278% on previous year
Kenmare resources sees record production in second quarter
Company plans to begin vaccinating employees, contractors and local communities later in the month
Inflation concerns stoke fear as global markets retreat
Iseq in Dublin declines by more than 1.5% with resource stocks faring particularly badly
Production at Kenmare Resources rose significantly in first quarter
Mining company predicts rising prices for ilmenite and zircon
Revenue falls at Kenmare after major move of infrastructure
Mining group sees decreased production and shipment volumes from its Moma titanium mineral mine in Mozambique
Iseq flat while other European bourses rise
US markets heading for record highs on stimulus and vaccine rollout hopes
Kenmare reports positive production and shipment volumes from Mozambique mine
Mining firm says it benefited from increased global demand for ilmenite, its main product
Covid-19: Communications head appointed for vaccine rollout
Move comes amid criticism of pace of rollout and concern over vaccine hesitancy among population
Brexit forces Irish companies to move share settlement from Crest
Kerry Group, Kenmare and Grafton all announce plans for extraordinary meetings of shareholders
Investors unnerved by Brexit, Covid-19 and US election jitters
Shares in AstraZeneca rose 1.7% as it resumed trials of its Covid-19 vaccine
Kenmare looks to Q4 for growth as production at new ore body begins early
Production volumes lower in third quarter
Deirdre Somers joins board of UK-based stock exchange Aquis
Somers led the Irish Stock Exchange between 2007 and 2018, when she completed the sale of the business to Euronext
Kenmare to pay interim dividend as it remains profitable in first half
Mining company records strong performance despite 5% fall in revenue
Finished product shipments fall almost 30% at Kenmare Resources
Mining group blames sea conditions for fall, expects improvement in second half of 2020
Daft rents fall, Ibec’s €15bn economic reboot, and new car sales in July
Business Today: the best news, analysis and comment from The Irish Times business desk
Kenmare Resources investors urged to reject share bonus plan
Advisory group ISS says rationale for potential move not ‘particularly compelling’
Kenmare Resources investors urged to reject share bonus plan
Advisory group ISS says rationale for potential move not ‘particularly compelling’
Kenmare resources suspends guidance on Covid-19 uncertainty
Mining company has drawn down debt facilities to cope with crisis
Kenmare boss pay falls on currency shifts
Executive directors of mining company paid in euro but company reports in dollars
Robust year for Kenmare Resources in 2019 but volumes dip
Company announces maiden full-year dividend
Kenmare Resources project produces heavy mineral concentrate
Company aiming to increase production to 1.2 million tonnes per annum of ilmenite
Shares lifted on hopes of US-China trade deal
Airlines see boost across global stockmarkets as Middle East crisis begins to cool
Record shipments for Kenmare Resources in fourth quarter
Company says it narrowly missed production targets for ilmenite
Kenmare Resources agrees new debt facilities to support growth
$110m term loan, $40m in revolving credit will give business ‘greater flexibility’
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