Climate & Environment Ireland pushes for pause to deep sea mining until legal framework developedAdvent of deep sea mining comes as global demand for critical raw minerals and metals continues to grow
Companies Kenmare Resources announces share buyback as revenue and profit increasesThe company proposes to return up to £23.6 million to shareholders
Mincon reports fall in revenue in ‘challenging’ first half of 2023Interim operating profit was €7.8 million
Companies Lightning strike impacts production at Kenmare ResourcesThe company is one of the world’s largest producers of titanium minerals and the single largest supplier of ilmenite
Companies Lightning strike disrupts mining firm Kenmare’s operations but production guidance unchanged Operations and production at the company were “significantly disrupted” by lightning in February, the firm said
Companies Kenmare forecasts weaker demand due to falling commodity pricesIrish mining company, which operates the Moma mine in Mozambique, said last week that it would return over $50 million in dividends to shareholders
Companies Kenmare Resources to return more than $50m to shareholders after record yearThe Dublin-headquartered mining company reported double-digit growth in sales and profits
Investing Teeling-backed mining firm posts £6.4m accumulated lossesChairman says mineral exploration has ‘gone out of fashion’ as Botswana Diamonds reports £716,000 annual loss
Company Watch Company Watch: Kenmare profits riding high on buoyant mineral pricesThe Irish mining company said low production volumes in the first half of the year had been offset by record prices for titanium minerals
Companies Half-year profits soar for Kenmare Resources despite major supply challengesThe Irish mining company reported bumper profit and sales growth for the first half of 2022 despite shipping almost 30 per cent product than last year
Climate & Environment Significant potential for Ireland to increase mineral mining, academic saysZinc exports in particular could add significant value to the exchequer, Professor Murray Hitzman says
Long serving Kenmare financial officer to retireTony McCluskey to step down after more than 30 years at the Irish-listed mining company
Kenmare Resources triples shareholder dividend after record year in 2021The Irish mining company reported record sales and profits as global demand for its titanium mineral products continues to exceed supply
Investor Anderson grows stake in Ormonde to over 24 per centVeteran stock market player has boosted his influence over mining company with stake now worth just over €1 million
Desmond to invest €50m in Canadian diamond mine companyMountain Province says agreement on ‘balance sheet strengthening package to provide increased financial flexibility’ will be concluded early this year
Kenmare’s mega plant move pays dividends for mining firmStrong half-year results show that relocating its plant to the Mozambique coast was an inspired decision
Kenmare Resources triples shareholder dividend as profits soarThe Irish mining company saw a 53 per cent increase in half-year sales as production volumes from its mine in Mozambique increased significantly
Mincon records half-year sales of €67m amid ongoing Covid disruptionThe drilling manufacturing company reported a 4 per cent increase in pre-tax profits to just under €8 million, although this was mostly due to favourable currency affects