Kenmare Resources reports record production in quarter three

Mining group Kenmare Resources has reported record production at its Mozambique mine in the three months to September 30.

Kenmare produces ilmenite, the primary ore of titanium, which is used in the manufacture of a number of consumer goods including paints, fabrics, paper, and cosmetics.

The company experienced heavy mineral concentrate (HMC) production of 413,400 tonnes in its third quarter, a 60pc increase compared to the corresponding period last year. The performance was “in line with expectations,” according to an update from the group.

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.

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