Kenmare reports 'good progress' at Moma mine

Mining and exploration company Kenmare Resources reported good progress on the development of its Moma Titanium Minerals Mine at its AGM today.

It said the project is now 88% complete and is on schedule for completion by the contractor before the end of the year.

Kenmare also reported that the full production management team for the mine has been recruited and is working on commissioning and

ramp up programmes.

The hiring and training of non-management workers is reported to be on-going.

It also announced that it has been granted three uranium exploration licences covering approximately 750km2 in the Tete Province of western Mozambique.

The licences, which lie in the Zambezi Valley, cover an area which is known to contain uranium.

An exploration programme is expected to commence shortly.