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(...)

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(...)

Kenmare said despite the current challenging pricing environment, the long-term outlook for Moma remains positive

Irish titanium and zircon miner Kenmare Resources said net losses narrowed during the first half of the year, despite a sharp decline in production at(...)

Total shipments of finished products in the first half rose 3 per cent to 412,000 tonnes versus 399,000 tonnes in 2014

Irish titanium and zircon miner Kenmare Resources has said production during the first half at its Moma Mine in Mozambique was severely impacted by po(...)

Michael Carvill  managing director Kenmare Resources has said demand growth in 2015 should have positive impact on ilmenite markets.Photograph: Bryan O’Brien

Kenmare Resources has recorded a loss after tax of $100.8 million (€90.7 million) in 2014. Publishing its annual report today, the company said the re(...)

Kenmare said the revised finance agreement will likely include a new liquidity line that would be able to be drawn on service working capital

Irish titanium and zircon miner Kenmare Resources has said it is making progress in putting together a revised finance agreement that will include a n(...)

Michael Carvill , managing director Kenmare Resources. Photograph: Bryan O’Brien/Irish Times

Dublin-based Kenmare Resources has announced the extension of a deadline to finalise a deal with lenders on restructuring its debt.The exploration com(...)

Kenmare’s managing director Michael Carvill said the company remained focused on conserving cash and controlling costs

Irish mining firm Kenmare Resources has said that shipments of finished products rose by 24 per cent to 183,000 tonnes in the third quarter.This compa(...)

Kenmare Resources managing director Michael Carvill. The Irish mining company  has reported an operating loss of $17.9 million for the six months to June-end. Photo: Bryan O’Brien/The Irish Times

Irish mining company Kenmare Resources has reported an operating loss of $17.9 million for the six months to June-end, down significantly from the $6.(...)

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