Kenmare Resources to use placing to pay for expansion
Mining company Kenmare Resources has posted revenue of $109m for the first half of 2012, compared to $56m in the same period last year.
Mining company Kenmare Resources has posted revenue of $109m for the first half of 2012, compared to $56m in the same period last year. The company is planning a major share placing to help pay for expansion.
The Dublin-based company operates one of the world’s biggest titanium mines in Mozambique. It said that it expected production volumes in the second half of the year to show a significant improvement over the first half. Last week, shares...
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