Organisation: Kenmare Resources
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Kenmare Resources boss Michael Carvill is not anticipating the company becoming a fresh takeover target amid ongoing consolidation in the industry.
Tue, 14 May, 2019
Former mining company executive Donal Kinsella will have to repay €250,000 of a €500,000 payment he received so that a record €10m libel award to him against the company could be appealed, the Court of Appeal has ruled.
Thu, 21 Mar, 2019
The Court of Appeal will rule later on an appeal by Kenmare Resources over a €10m libel award, the highest in the history of the State, to its former deputy chairman Donal Kinsella over a press release issued by the firm.
Wed, 12 Dec, 2018
Irish mining company Kenmare Resources has announced its intention to pay a maiden dividend to shareholders before the end of next year. The company, which owns the Moma titanium mine in Mozambique, said it plans an initial modest payout to shareholders in the second half of next year and that dividend value will be a minimum of 20% of post-tax profit.
Wed, 17 Oct, 2018
Shares in Irish mining firm Kenmare Resources fell by more than 2% on the back of the company reporting a slow start to the year.
Thu, 12 Apr, 2018
Kenmare Resources returned to profit in the first half of the year and recorded an 82% annualised increase in revenues on the back of increased commodity prices and sales volumes.
Wed, 23 Aug, 2017
Irish miner company Kenmare Resources is expected to show further bottom line improvements this year after reporting a significant narrowing in losses and an increase in productivity in 2016.
Thu, 23 Mar, 2017
Thu, 25 Aug, 2016
Kenmare Resources has forecast increased production for the second half of this year as conditions continue to improve at its operations in southern Africa.
Wed, 03 Aug, 2016
Shares in Irish mining firm Kenmare Resources surged nearly 29% yesterday on the back of it copperfastening a deal that will slash its debt by over $200m (€258m).
Tue, 21 Jun, 2016
The next five years is a make or break period for Ireland’s burgeoning offshore exploration sector, an industry analyst said yesterday.
Fri, 29 Apr, 2016
Tue, 08 Dec, 2015
Irish mining firm, Kenmare Resources is anticipating a stronger production roll-out for the second half of the year, after seeing the first six months blighted by storm-related power failures.
Tue, 28 Jul, 2015
Kenmare Resources chief, Michael Carvill has said that the company’s future is not dependent on it being taken over and says it has a viable independent future if not acquired.
Fri, 29 May, 2015
The takeover of Irish mining firm Kenmare Resources by Australian suitor Iluka seems still to be in the very early stages, based on comments from the latter’s managing director.
Thu, 21 May, 2015
Kenmare Resources has expressed its openness to a revised takeover proposal from Australian mineral exploration company Iluka Resources.
Fri, 01 May, 2015
Irish mining firm Kenmare Resources has repatriated 62 South Africans working at its titanium mine in Mozambique for their safety after anti-immigrant attacks back home.
Tue, 21 Apr, 2015
Australian mineral exploration company Iluka Resources remains upbeat about its chances of acquiring Dublin-based miner Kenmare Resources.
Wed, 18 Feb, 2015
Irish mining firm Kenmare Resources has secured a one month extension to its deadline for ongoing debt restructuring talks.
Sat, 31 Jan, 2015
Irish mining firm Kenmare Resources is in discussions that could lead to the company being taken over by Australian player, Iluka Resources.
Sat, 18 Oct, 2014
Dublin-headquartered mining company Kenmare Resources recorded net losses three times greater in the first six months of the year than they endured in the same period in 2013, according to the company’s half-yearly results.
Thu, 28 Aug, 2014
Shares in mining firm Kenmare Resources jumped by almost 30% yesterday following its rejection of a takeover approach from Australia’s Iluka Resources.
Fri, 27 Jun, 2014
The chairman of Dublin listed mining company Kenmare Resources, Justin Loabsy is to retire from its board due to ill health with immediate effect, it was announced yesterday.
Wed, 25 Jun, 2014
Mining company Kenmare Resources saw its share price rise by almost 8% yesterday on the back of a strong trading performance in the first quarter, traditionally the Dublin firm’s lowest production point of the year.
Fri, 25 Apr, 2014
Kenmare Resources is confident that once global demand for titanium recovers they are well positioned to be a major beneficiary.
Thu, 13 Mar, 2014
Shares in mining firm Kenmare Resources shot up by over 6% yesterday on the back of the company completing the refinancing of an overhanging debt mountain of $160m (€117m), originally due for repayment next year.
Sat, 15 Feb, 2014
Shares in Irish mining company, Kenmare Resources fell by nearly 10% yesterday after it showed a net loss for the first half of the year and reported a slowing demand for some areas of its mineral output.
Thu, 29 Aug, 2013
Irish exploration firm, Fastnet Oil & Gas has expanded its presence in Morocco by acquiring a 37.5% operating share in an onshore acreage which could transform the north African country from a near total importer of gas to a net exporter.
Thu, 30 May, 2013
Tullow Oil has reached agreement to sell its operations in Bangladesh to Far Eastern exploration firm, KrisEnergy for $42.35 million (€32.4m).
Wed, 10 Apr, 2013
Up to €623m will this year be donated through Irish Aid to seven developing countries with €37.5m – the single biggest pay-out – to Mozambique.
Mon, 01 Apr, 2013
Kenmare Resources has identified 2013 as being a potential watershed year for the company as it focuses on getting to a position where it can start paying a dividend to shareholders.
Wed, 13 Mar, 2013
Irish mining company Kenmare Resources says its revenues grew by 40%, last year, to $234.5m (€172m), with total production from its Moma Titanium mine in Mozambique topping 772,000 tonnes.
Thu, 31 Jan, 2013
Kenmare Resources has announced a 40% increase in revenue to $234.5m in 2012 from $167.5m in 2011.
Wed, 30 Jan, 2013
Markets across the eurozone continued their positive momentum as ratings agency Moody’s affirmed Spain’s credit rating of Baa3, one notch above junk status.
Thu, 18 Oct, 2012
Markets recovered somewhat across Europe after a turbulent few days and despite a ratings downgrade for Spain.
Fri, 12 Oct, 2012
Kenmare Resources chief Michael Carvill hasn’t ruled out the mining company expanding its international presence and asset base, but said that will only happen when the company’s Moma titanium mine in Mozambique hits full potential in the next couple of years.
Thu, 23 Aug, 2012
World stocks edged higher yesterday after data showed the US services sector grew at a slightly faster pace in May, but the Iseq fell nearly 2% as the eurozone crisis escalated, with Spain saying it was being shut out of credit markets.
Wed, 06 Jun, 2012
Kenmare Resources — the Irish-based mining company focused on south-east Africa — has reiterated it is on target to complete second-phase expansion of its Moma titanium mine in Mozambique by the end of this year.
Fri, 01 Jun, 2012
The ISEQ index of Irish shares closed down 4 points to 3,085 today, a drop of just 0.1%.
Tue, 15 May, 2012
The ISEQ index of Irish shares closed down 1.78% to 3108 this evening.
Tue, 08 May, 2012
European markets experienced a small bounce to recover some of the ground lost during the previous session.
Wed, 25 Apr, 2012
The ISEQ index of Irish shares closed up 56 points to 3,196, a rise of 1.8%.
Thu, 12 Apr, 2012