Kenmare Resources Kenmare Resources Plc : Moma Mine Wcp A Resumes Operations
November 28 2013 - 1:31AM
UK Regulatory
TIDMKMR
Kenmare Resources plc ("Kenmare" or "the Company")
28 November 2013
Moma Mine: WCP A Resumes Operations
Kenmare announces that Wet Concentrator Plant A (WCP A) has returned to
full production capability following successful completion of repairs to
machinery which had sustained fire damage.
Repair works on one of the two trommels was successfully completed as
planned, and WCP A resumed production of Heavy Mineral Concentrate
(HMC). Ore from both dredges is being fed through the repaired trommel.
As WCP A can operate at capacity using only one trommel, the completion
of this repair has allowed a rapid return to full operating capacity.
Having closely reviewed the operation of the trommel, we are satisfied
that the repairs have been completed successfully. Strong production
levels from WCP A since re-commissioning, have rebuilt the HMC stockpile
to 60,000 tonnes.
Repair works on the second trommel are well advanced and scheduled to be
complete on 30 November, in line with previous guidance.
Whilst the trommels section repair works were underway, the Mineral
Separation Plant continued to process HMC from Wet Concentrator Plant B
(WCP B) and from a large stockpile of HMC that was produced prior to the
incident. During this period, maintenance works on WCP A and the
dredges in Mining Pond A that had been scheduled for 2014 were also
accelerated and have now been completed.
The fire occurred following completion of routine welding repairs. A
review of hot works and safety procedures and how they were applied has
been conducted and lessons learned from the incident have been
incorporated into Kenmare's procedures. No injuries were suffered as a
result of the incident.
As previously reported in the Interim Management Statement, the Moma
Mine has been subject to a number of unplanned power outages, rather
than power dips as previously experienced. These power interruptions,
which have continued to occur, impact production. The Mozambican
Government is aware of the difficulties caused by the outages and is
working proactively with Electricidade de Moçambique (EdM) to
develop and implement solutions as a matter of priority. Kenmare
continues to work closely with EdM to rectify these issues and continues
to take actions to minimise the impact on production during this
important quarter as expansion ramp up proceeds.
For further information, please contact:
Kenmare Resources plc
Michael Carvill, Managing Director
Tel: +353 1 671 0411
Mob: + 353 87 674 0110
Tony McCluskey, Financial Director
Tel: +353 1 671 0411
Mob: + 353 87 674 0346
Virginia Skroski, Investor Relations Manager
Tel: +353 1 671 0411
Mob: + 353 87 739 1103
Jacob Deysel, Operations Director
Tel: +353 1 671 0411
Mob: + 353 87 613 9609
Murray Consultants
Joe Heron
Tel: +353 1 498 0300
Mob: +353 87 690 9735
Tavistock Communications
Jos Simson / Mike Bartlett
Tel: +44 207 920 3150
Mob: +44 7753 949 108
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Kenmare Resources via Globenewswire
HUG#1746316
http://www.kenmareresources.com/
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