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 Oil & Gas: Govt gets ready for new exploration activities with ExxonMobil

Mozambique Oil & Gas: Govt gets ready for new exploration activities with ExxonMobil

The Mozambican government has announced that it is preparing for new oil and gas exploration activities in the north of the country in tandem with oil company ExxonMobil.

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Mozambique Mining: Kenmare’s H1 profit surges on stronger Chinese demand

Mozambique Mining: Kenmare’s H1 profit surges on stronger Chinese demand

(Reuters) – Titanium minerals miner Kenmare Resources Plc said on Monday pretax profit for the first half of the year jumped nearly three-fold, as it shipped more finished products to China and other Asian markets.

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Mozambique Mining: Kenmare Resources minerals production and exports increase

Irish mining company Kenmare Resources has extracted record amounts of minerals at the Moma heavy sands project in northern Mozambique’s Nampula province, the company said in a statement announcing the operational and financial data for the fourth quarter and 2017.

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Mozambique Mining: Govt approves Australian and Chinese mining activities in Tete and Nampula provinces

The government of Mozambique approved a resolution authorizing Capitol Resources, a subsidiary of Australia’s Baobab Resources, to carry out mining activities in the district of Chiúta, in the central province of Tete, announced on Tuesday in Maputo the spokesman of the Council of Ministers.

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Mozambique Mining: Kenmare Resources to explore new heavy sand deposits

Kenmare Moma Mining, a subsidiary of Ireland’s Kenmare Resources, is planning five public sessions in Mozambique this month on the need to relocate people to expand its heavy sands exploration, according to Mozambican daily newspaper Noticias.

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Mozambique Energy: Japan pays for power sub-station in Namialo, Nampula province

Japan’s Mitsubishi Corporation will build a 110/33kV, 40MVA sub-station in Namialo, Nampula province, northern Mozambique, under a contract signed with state-owned electricity company EdM, the company said.

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Mozambique Mining: Kenmare Resources reports 3% increase in minerals exports

The production at a heavy sands project in Moma in northern Mozambique, recorded a 3.0 percent increase in the first half of the year, Irish company Kenmare Resources said Monday in a statement quoted by Macauhub news agency.

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