Kenmare Resources plc reported a “challenging” first quarter after operations were disrupted by severe lightning at the Moma titanium minerals mine in northern Mozambique. PRODUCTION The operator’s trading report for the quarter ending 31 March 2023 showed production of heavy mineral concentrate (HMC) decreased 18% to 315,000 tonnes (Q1 2022: 384,700t). Ilmenite production fell 20% […]
Tag: rutile
Lightning strike disrupts production at Kenmare Resources’ Moma titanium mine
Kenmare Resources plc’s is working to recover lost production after a lightning strike damaged power lines, “severely” disrupting operations at the Moma titanium minerals mine in northern Mozambique. GUIDANCE The company will try to recover lost production of heavy mineral concentrate but expects output of ilmenite and rutile to be at the lower end of […]
Kenmare Resources lowers Moma ilmenite guidance after power grid outages
Kenmare Resources plc said that outages in the electricity transmission grid had resulted in lower guidance for ilmenite production at the Moma titanium minerals mine in northern Mozambique. GUIDANCE Moma contains deposits of heavy minerals which include the titanium minerals ilmenite and rutile, as well as the zirconium silicate mineral, zircon. In its Q3 2022 […]