Carvill: ‘I think we’ll leave world domination for another day’

$100m injection from Omani sovereign wealth fund looks set to end Kenmare Resources debt nightmare

Barry J Whyte

Chief Feature Writer @whytebarry
13th December, 2015

Kenmare Resources may be on the brink of a major change in its fortunes.

In the past week the company secured a $100 million investment from the Omani Sovereign Wealth Fund (SGRF), got indications that its major shareholders will stump up $75 million more, and began positive discussions with the company’s lenders.

Despite all the positive news, chief executive Michael Carvill is staying grounded.

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