Kenmare Resources plc has been listed the most transparent company in Mozambique for the third consecutive year as the company published its 2022 Sustainability Report for Moma titanium-zircon mine. RECOGNITION The Centro de Integridade Pública (CIP) Extractive Industry Transparency Index named the operator whose report included emissions, local taxes paid, employment and investment. The company […]
Tag: zircon
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 appoints Issa al Balushi as NED
Kenmare Resources plc has appointed Issa al Balushi as non-executive director with immediate effect. Mr Issa Balushi was nominated to the post by African Acquisitions Sarl (AAS), Kenmare’s largest investor and a company controlled by Oman Investment Authority (OIA). Kenmare said that the appointment was in accordance with the subscription and relationship agreement dated 18 […]
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 […]