Kenmare managing director Michael Carvill and his family will retain a minority stake. Photograph: Bryan O’Brien/The Irish Times

Kenmare Resources has pulled the trigger on the final stage of a tortuous balance sheet restructuring that will raise between $275 million (€249m) and(...)

Lenders to Irish mining group Kenmare Resources have approved the company’s restructuring plan, which will see the group cut its debt by $269 million (€238m) through a share sale. (Photograph: ARIEL MARINKOVIC/AFP/Getty Images)

Lenders to Irish mining group Kenmare Resources have approved the company’s restructuring plan, which will see the group cut its debt by $269 million(...)

The company defaulted on its debts earlier this year after failing to reach agreement with lenders on a deleveraging plan

Kenmare Resources, the mining company which announced plans on Thursday to cut its debt by $250 million through a share sale, said its ore mined in th(...)

Discussions with Kenmare’s lenders in relation to a deleveraging plan are continuing

Mineral company Kenmare Resources has confirmed a large-scale financial restructuring plan that could involve raising hundreds of millions of dollars (...)

Mining challenges: Kenmare defaulted on its debts earlier this year after failing to reach an agreement with its lenders on a deleveraging plan. Photograph: Thinkstock

Kenmare Resources is reportedly due to announce a large-scale financial restructuring plan that could involve raising some $300 million (€265 million)(...)

European stock markets rose on Tuesday, as stronger insurance shares offset weaker commodity-linked stocks, which fell in tandem with lower metals and oil prices

European stock markets rose on Tuesday, as stronger insurance shares offset weaker commodity-linked stocks, which fell in tandem with lower metals and(...)

Kenmare said it continues to monitor and manage its liquidity positions and currently retains the support of its lenders

Irish titanium and zircon miner Kenmare Resources has defaulted on its debts after failing to reach agreement with lenders on a new deleveraging plan (...)

Michael Carvill, managing director of Kenmare Resources, said if it cannot raise the extra portion to pay down debt, it would seek a debt-for-equity swap. Photograph: Bryan O’Brien

Iluka Resources, the Australian company that walked away this week from a drawn-out bid to buy Irish miner Kenmare Resources, says it remains interes(...)

On Dublin’s Iseq,  Ryanair fell 0.7 per cent to €14.59. Photograph:  Chris Radburn/PA Wire

Stock markets worldwide dived into the red amid a commodity price rout in which the cost of oil touched below $40 a barrel for the first time since Fe(...)

Michael Carvill: said the company would give shareholders the opportunity to participate in a further fundraising

Kenmare Resources hopes to finalise a package of measures to shore up its balance sheet by the end of January, to include a debt deal with its banks a(...)

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