Mozambique Mining: Kenmare to declare maiden dividend for H1 2019, strong Q3 ilmenite, zircon production

Mozambique Mining: Kenmare to declare maiden dividend for H1 2019, strong Q3 ilmenite, zircon production

Mineral sands producer Kenmare Resources on Tuesday announced its dividend policy, a watershed moment for the company, with dividends to be based on a minimum of 20% of profits after tax. Advertisements

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Mozambique Mining: Kenmare revenues incresead by 82% in half year results

Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, announced today strong results regarding its six month period ended 30 June 2017 (“H1 2017”).

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Mozambique Mining Industry: Africa Great Wall to extract ilmenite

The Africa Great Walling Mining Development Company (AGWMDC), one of Jinan Yuxiao Group’s affiliates, will shortly begin mining ilmenite, rutile and zircon on Mozambique’s coast. Five million tons of heavy sand deposits are spread over the sites of Inhassunge, Chinde and Nicoadala in Zambezi province and cover 240 sq.km. in all.

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Mozambique Mining Inudstry: Two new mining projects due to begin in June

Two new mining project with a high commercial value are due to start operating in June in the districts of Chionde and Ile, in Mozambique’s Zambézia province, representing a total estimated investment of US$210 million, according to Mozambican daily newspaper Notícias.

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