Shares in Kenmare Resources rose after the Irish mining firm posted record first-half profits and mineral production and a surge in its shareholder dividend.
Kenmare, which owns and operates the Moma mine in Mozambique, has more than trebled its interim dividend to US7.29c a share after seeing a 278% surge in after-tax profit, for the first six months of the year, to $48m (€41m).
Kenmare Resources plc (LON:KMR) is an established mining company, which operates the Moma Titanium Minerals Mine, located on the north east coast of Mozambique.