While Kenmare Resources has been praised for its social responsibility programme in Mozambique and takes part in the Extractive Industries Transparency Initiative, benefits from its mine are minor compared to the profits made, the new report suggests.

A report that claims Kenmare Resources is not paying its fair share of taxes to the Mozambican government from its mining operation there has been (...)

Irish construction firm CRH indicated that it may sell further assets. Photograph: Alan Betson

European stocks declined from a five-year high as investors weighed corporate earnings and China‘s pledge to boost the role of markets in economic gro(...)

 Royal Bank of Scotland and Barclays declined at least 1.5 per cent each. Photograph: PA Wire

Stock markets paused for breath yesterday, with stocks led down by weakness in the banking sector as detail emerged of stress tests to be led by the E(...)

File photograph of Minister of State Jan O’sullivan visiting the Irish Aid-supported Mandimba Health Centre in Mozambique. Irish companies, including Kenmare Resources (mining), Kentz (engineering) and Tullow Oil (oil exploration), have significant investments in Mozambique, and Irish Aid counts it as one of its key partner nations

Armed militia linked to Mozambique’s opposition party Renamo attacked a police station yesterday hours after the former rebel group announced it would(...)

AIB Group Headquarters in Ballsbridge:  AIB shares rose by 9.3 per cent to 15.3 cent to give the company a market valuation just shy of €80 billion. The share price has almost trebled in the past three months as retail investors see it as a decent punt on the recovery of the economy. Photograph: Alan Betson

European stocks gained for an eighth day as companies from Royal Philips to Akzo Nobel reported profit that beat estimates and investors speculated th(...)

Conditional trading in Royal Mail began in London yesterday, with the shares surging 33 per cent to £4.38

Trading was choppy across the globe yesterday, according to traders, as investors struggled to decipher signals from Washington about the prospects of(...)

Irish retail sales figures for July will be released on Thursday. Photograph: Dominic Lipinski/PA
For your diary

MONDAYResults: Genesco.Meetings: The Art of the Start entrepreneur seminar (UCD Charles Institute, Dublin 4).Indicators: UK nationwide housing prices (...)

CRH gained 0.26% to finish at €17.105. Photograph: Brenda Fitzsimons

Better than expected company earnings and a boost for German investor confidence drove increases in most European markets yesterday, although the benc(...)

European Central Bank president Mario Draghi  said indications are that the euro area economy is stabilising and the central bank’s rates will remain low for an extended period. Photograph: Krisztian Bocsi/Bloomberg

Markets continued to perform well yesterday following comments from European Central Bank president Mario Draghi that interest rates are likely to rem(...)

Production of zircon, a raw material used in the ceramics industry, fell 16 per cent from 10,400 tonnes in the first quarter to 8,700 tonnes during the second three months.

Mining company Kenmare Resources increased its overall production during the second quarter of this year. Between April and June the company’s product(...)

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