Half-year profits soar for Kenmare Resources despite major supply challenges
The 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
Kenmare Resources, the Irish mining company, has increased its interim shareholder dividend by more than 50 per cent after reporting bumper profit growth for the first half of this year.
Despite shipping almost 30 per cent less product in the first half of the year, the company recorded strong profit and sales growth thanks to record prices for the base minerals it produces from its Moma mine in Mozambique. Kenmare is one of the world’s ...