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Kenmare Resources PLC (JEV.L)

JEV.L on London Stock Exchange

291.00GBp
20 Feb 2017
Change (% chg)

2.50 (+0.87%)
Prev Close
288.50
Open
295.00
Day's High
295.00
Day's Low
289.00
Volume
24,115
Avg. Vol
122,493
52-wk High
366.25
52-wk Low
96.20

Latest Key Developments (Source: Significant Developments)

Kenmare sees production of all final products within previous guided range
Thursday, 13 Oct 2016 02:00am EDT 

Kenmare Resources Plc : Production of total finished products was a quarterly record for Q3 2016 and MOMA is on track to achieve record finished product output for full year . Ore mined in q3 2016 decreased 21 pct to 7,160,800 tonnes compared to equivalent period in prior year (Q3 2015: 9,057,500 tonnes) . Production of heavy mineral concentrate in Q3 2016 decreased 4 pct to 325,100 tonnes (Q3 2015: 339,600 tonnes) .Production of each final product is expected to be within the range of guidance provided at the beginning of the year.  Full Article

Kenmare Resources says secures $275 million of equity commitments
Thursday, 30 Jun 2016 12:16pm EDT 

Kenmare Resources Plc : $275 million of equity commitments secured, enabling capital restructuring and open offer to proceed . Comprises us$100 million in Cornerstone placing, us$145.7 million cash commitments under firm placing, and us$29.3 million under lender underwriting .Completion of capital raise will reduce debt by not less than us$292.5 million to no more than us$100 million and provide company with us$75 million for working capital.  Full Article

Kenmare Resources PLC says Moma Titanium Minerals project is now working normally - Reuters
Thursday, 2 Jul 2015 08:00pm EDT 

Kenmare Resources PLC:Says Moma Titanium Minerals project is now working normally following a temporary suspension of operations as a result of unofficial industrial action announced on June 24 - Reuters.Says company stands by tripartite agreement made with union and department of labour in March concerning retrenchment and changes to allowances.  Full Article

Iluka Resources Limited announces potential take over of Kenmare Resources Plc
Thursday, 30 Apr 2015 06:17am EDT 

Iluka Resources Limited:Proposes to acquire Kenmare through an all share exchange offer.Says kenmarre shareholders would be entitled to receive 0.016 new iluka shares for each kenmare share.  Full Article

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