Kenmare Resources to return up to £61.8m to shareholders

Dublin and London listed mining company Kenmare Resources is set to return up to £61.8 million to shareholders as part of a plan to buy up to 13.5 per cent of its issued shares.

The company, which is a leading global producer of titanium minerals and zircon, said the move was in keeping with its stated intention to increase shareholder returns following the successful completion of its major capital projects.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Kenmare Resources plc

More articles like this

Kenmare Resources plc

Kenmare Resources sets new records in Mozambique for 2021

LSE-listed titanium minerals and zircon producer Kenmare Resources increased its 2021 production by 30% year-on-year, owing to a record 1.55-million tonnes being mined, and a 19% increase in ore grades to 4.63% as a result of

Kenmare Resources plc

Kenmare Resources appoints Chair designate

Andrew Webb has joined the Board of Dublin headquartered mining company Kenmare Resources as a Non-Executive Director ahead of his expected appointment as Chair. He is expected to succeed Steven McTiernan after he steps down from

Kenmare Resources plc

Kenmare Resources announce results of tender offer

Kenmare Resources plc (LON:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, has announced the final results of the Tender Offer, details of

Kenmare Resources plc

Kenmare proposes 13.5% share buyback

LSE-listed titanium minerals and zircon producer Kenmare Resources has launched a proposed tender offer to buy back up to 13.5% of its issued ordinary shares in an effort to increase shareholder returns. This follows the successful