Irish mining firm Kenmare Resources is in discussions that could lead to the company being taken over by Australian player, Iluka Resources.

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.

Production levels at Kenmare Resources’ Moma Titanium mine, in Mozambique, are expected to be slightly hampered this year because of weak power supplies in the north of the country.

The 32-year-old Irishman murdered in Mozambique was beaten to death by carjackers less than 1km from his home.

Police in Mozambique are investigating the murder of a 32-year-old Cork man who was killed during a suspected carjacking over the weekend.

Police in one of the world’s poorest countries are investigating the murder of a 32-year-old Irishman whose company 4x4 was hijacked by his killers a short distance from his work compound.

Mining company Kenmare Resources has recorded its first profit from its titanium mine in Mozambique in what it has described as an "important milestone" for the firm.

TEN years ago, with the rubble of the World Trade Centre still smouldering away after the terrorist attacks of 9/11, prospective visitors to New York wondered whether they should put off their trips, or keep a respectful distance.

Dublin: Exploration company Kenmare Resources has appointed Elizabeth Headon to its board as a non-executive director.

EXPLORATION firm Kenmare Resources has reported a near halving of full-year pre-tax losses for 2010, with management adding that its forecast for the current year is “very positive”.

MINING company Kenmare Resources is hopeful of significantly increasing production levels at its Moma Titanium Minerals mine in Mozambique and extending the asset into a neighbouring resource containing 140 million tonnes of heavy minerals. In a trading update, Kenmare said it produced nearly 560,000 tonnes of ilmenite at Moma last year and should pass 700,000 tonnes in 2010.

MINING company Kenmare says it has experienced teething problems at its Moma mine in Mozambique.

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.

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

Mining company Kenmare Resources has said construction of its main asset, the Moma titanium mineral sands project in Mozambique, is 28% complete and ahead of schedule.

Kenmare Resources PLC swung into profit at the first half stage and said it has made "considerable progress" in advancing towards its first production at the Moma Project.