Mozambique Mining & Gas Industry: Kenmare Resources rejects acquisition proposal due to low valuation of Moma mine in Mozambique

Irish company Kenmare Resources has rejected an acquisition proposal from Iluka Resources, arguing that the world’s largest zircon producer had not recognised the real vale of Kenmare’s mining asset in Moçambique, the Irish company said in a statement. Advertisements

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Mozambique Energy: Aggreko to provide power supply to Kenmare heavy sands project at Moma

Aggreko will provide a temporary solution for the supply of 10 megawatts of electricity to the Moma heavy sands project in Mozambique, owned and operated by Kenmare Resources of Ireland, the company said in a statement.

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Mozambique Mining Industry: Kenmare Resources Chairman to retire

  According to the company Board, Kenmare Resources Chairman, Justin Loasby, is to retire from the Board due to ill health, with immediate effect. Steven McTiernan, a Non-Executive Director of Kenmare, will take on the role of Non-Executive Chairman in replacement of Mr Loasby.

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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 in all.

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Mozambique Mining Industry: Note of Kenmare Resources Annual General Meeting

From Kenmare Resources plc (“the Company”): At the Annual General Meeting of Kenmare Resources plc held today at The Westbury Hotel, Grafton Street, Dublin 2, Ireland, all of the resolutions considered and voted upon by the shareholders were approved on a show  of hands. The full text of each resolution was included in the notice of the meeting circulated to shareholders on 30 April 2014. In accordance with the Listing Rule 9.6.2 R, copies of the…

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