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).

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.

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.

Down 3-20 Armagh 1-11, Newry

Today’s Barton Shield final at Kinsale Golf Club promises to be a classic battle between youth and experience as the young guns of NUI Maynooth vie with Banbridge for an All-Ireland title at the Chartis-sponsored Cups & Shields National Finals.

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.

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.

Armagh 0-10 Cork 1-7

KENMARE Resources expects a dramatic boost to earnings next year when it will be able to capitalise on higher prices for its key products, the mining firm said yesterday.

Armagh 2-17 Monaghan 2-7

AN EXECUTIVE who sleepwalked naked into a female colleague’s bedroom could have dealt with the matter privately by simply agreeing to resign from a post which involved him working on a one-to-one basis with her, the High Court was told yesterday.

SHAREHOLDERS in Kenmare Resources have voted overwhelmingly to remove a long-serving director from its board following an incident earlier this year involving a female colleague.

KENMARE Resources, whose ilmenite mine will account for over 2% of Mozambique’s economy at full production, reported a dramatic fall in losses due to lower operating expenses in the first half of 2007.

KENMARE Resources has succeeded in removing non-executive director Donal Kinsella from his role as chairman of the company’s audit committee.

More than 60 students have been caught cheating and flouting rules during exams in the North, it was revealed today.

Holder Jim Carvill said goodbye to the South of Ireland title on a wet and windy afternoon at Lahinch.

Warrenpoint’s Jim Carvill got his title defence off to a winning start in the South of Ireland Championship at Lahinch today.

Warrenpoint senior international and former professional Jim Carvill was put out of the North of Ireland Championship in the second round by Ballymena scratch handicapper Alex McCoy at Royal Portrush today.

GALWAY’S dream of an unprecedented hat-trick at the Bulmers inter-club festival of golf was shattered at Rosslare yesterday when they lost in agonising fashion in the finals of both the Barton Shield and Irish Junior Cup.

GALWAY’S golfers are all set to atone for the defeat of their hurlers by Cork in Sunday’s All-Ireland final following a fruitful opening day in the Bulmers inter-club festival at Rosslare.

Pre-Championship favourites Ulster captured the Golfsure sponsored Interprovincial

FIFTEEN years ago, Warrenpoint’s Jim Carvill travelled to Lahinch for his first South of Ireland Championship.

DARREN CROWE, a 24-year-old full-time golfer from Dunmurry, meets Pat Murray, 34, secretary/manager at Limerick Golf Club, in the first semi-final of the South of Ireland Championship at Lahinch this morning.

THERE have been one or two serious negatives, but on balance Jim Carvill’s return earlier this year to the amateur game after 15 years as a professional has proven a great success.

MINING and minerals exploration company Kenmare Resources said yesterday that construction of its Moma titanium mine project in Mozambique is running ahead of schedule.

LIMERICK teenager Cian McNamara faces strong opposition in his bid to retain his South of Ireland Championship at Lahinch over the next five days.

East of Ireland Championship 2005 at the Co Louth Golf Club

East of Ireland Championship at the Co Louth golf club

KENMARE Resources has moved a step closer to completing the financing of its mineral mine in Mozambique.

Shareholders have applied for $18.7m (€15m) of shares in Kenmare Resources after the firm's open offer last month.

The financing of Kenmare resources' Moma Titanium Minerals Project is virtually complete but its chairman has warned that the company could find itself in a 'difficult funding position' if a remaining share issue was unsuccessful.

KENMARE Resources has completed a major hurdle in its bid to secure $200m to fund a mining project in Mozambique to make it one of the top global producers of titanium.