Company spotlight: Kenmare Resources plc
Jason G. Wulterkens (December 1st, 2008) Writes:
Kenmare Resources plc is quoted on the official lists of the Irish and London Stock Exchanges (London:KMR). Its principal activities center on the exploration for commercial deposits of natural resources and the development and operation of mines. For example, the firm’s main asset is the Moma Titanium Minerals Mine, located on the coast of Mozambique. The Moma Mine contains reserves of heavy minerals which include the titanium minerals ilmenite and rutile, as well as the high-value zircon mineral. In addition, Kenmare have acquired a Mozanbiquan uranium exploration license. Titanium is considered a valuable resource for industrial producers because it is added to paints and pigments to make the color more opaque. Currently, the titanium market is dominated by a small number of giant mining companies, such as Rio ...
Tags for this Post:
ABSA;, Bank, Development Bank, exploration group;, Frontier Markets, Frontier Markets, Gbp, giant mining;, Investment Bank, jason g wulterkens, johannesburg, Kenmare Resources plc;, London, London Stock Exchanges;, Michael Carvill;, mining, Moma Development Association;, Moma Mine;, Moma Titanium Minerals Mine;, mozambique, Precious Metals, Project Finance Magazine;, rio tinto, structured finance package;, USD
ABSA;, Bank, Development Bank, exploration group;, Frontier Markets, Frontier Markets, Gbp, giant mining;, Investment Bank, jason g wulterkens, johannesburg, Kenmare Resources plc;, London, London Stock Exchanges;, Michael Carvill;, mining, Moma Development Association;, Moma Mine;, Moma Titanium Minerals Mine;, mozambique, Precious Metals, Project Finance Magazine;, rio tinto, structured finance package;, USD


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