Kenmare appoints former Rio Tinto executive to finance officer role
Appointment comes after shares in the titanium miner slipped on Thursday amid civil unrest in Mozambique
Appointment comes after shares in the titanium miner slipped on Thursday amid civil unrest in Mozambique
Extension will not be finalised before existing 20-year deal expires this weekend but company says terms are agreed in principle
Market conditions at mining company ‘continue to be robust’ with order book largely committed for remainder of year
Dublin-headquartered mining group sees lower shipments of product from its Moma titanium mine in northern Mozambique
Mr Hickey replaces founder Michael Carvill, who will step down this week
Mining company says its shipments have dropped 18%
Corre was down to €1.08m of cash at the end of last year but later raised €2.76m in share sale
Group conducting investigations into fatal incident at its Moma mine
Euronext Dublin up just over 1% at close of business on ‘strong day’ for the market, traders say
But significant maintenance work contributes to decline in shipments in first quarter
Falling mineral prices and disruption to production at mine see earnings come in one quarter below those for last year
Michael Carvill will step down as managing director later this year as company begins transition process
Investment banker Andrew Webb is facing pressure from parts of the shareholder base to surrender the mining company’s independence
Shares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before Christmas
Capital expenditure for project will be up to $331m by the end of 2026
Production at mining company picking up following weaker first half due to impact of severe lightning strike
Stoxx 600 records best winning streak since April as tech and mining stocks boost index
Lingering effects of lightning strike, power reliability reduced guidance for ilmenite production
Company says full year production will be at lower end of range after lightning strike disrupts operations
Irish mining company’s annual report shows Michael Carvill earned $1.76m last year
Banking stocks were in the spotlight again with financials giving back some of their gains
Company said it moved to net cash positive position in 2022
Rare earths miner dealing with issues in Mozambique
Interview: Managing director Michael Carvill oversaw move of entire factory in Mozambique
Stoxx 600 index now more than 8% lower than record highs reached earlier this year
Mining company says prices were on average 21% up on the previous year
The mining company sees strong momentum continuing into 2022
Tender offer will see company buy up to 13.5% of share capital
Shipments total of 322,600 tonnes represents 173 per cent increase year on year
Vaccine OK raises hope of quicker recovery
Mining firm reports record half-year profits of $48 million, up 278% on previous year
Company plans to begin vaccinating employees, contractors and local communities later in the month
Iseq in Dublin declines by more than 1.5% with resource stocks faring particularly badly
Mining company predicts rising prices for ilmenite and zircon
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