Kenmare Resources Update Following Cyclone Idai
March 20 2019 - 4:31AM
UK Regulatory
TIDMIRSH
Kenmare Resources plc ("Kenmare" or "the Company")
20 March 2019
Update following Cyclone Idai
Kenmare Resources plc (LSE:KMR, ISE:KMR), which operates the Moma
Titanium Minerals Mine in north-eastern Mozambique, provides an update
following Cyclone Idai, which has impacted central Mozambique and other
parts of southern Africa.
The Moma Mine has not been impacted materially by Cyclone Idai. The
on-site team activated the cyclone preparedness plan to ensure that the
Company's employees and assets were protected, and production continued
without any significant interruptions. Product loading activities and
shipping were suspended for seven days, however they resumed on Friday
15 March 2019, as sea conditions improved. Kenmare continues to receive
grid power as the power network in northern Mozambique was not affected
by the cyclone.
Kenmare is deeply saddened by the news of loss of life and scale of
damage, and is providing financial support towards the relief effort in
Mozambique. The Company's employees have also initiated a collection
scheme to provide clothing and dry goods for the people impacted by the
cyclone.
For further information, please contact:
Kenmare Resources plc
Michael Carvill, Managing Director
Tel: +353 1 671 0411
Tony McCluskey, Financial Director
Tel: +353 1 671 0411
Jeremy Dibb, Corporate Development and Investor Relations Manager
Tel: +353 1 671 0411
Mob: + 353 87 943 0367
Murray
Joe Heron
Tel: +353 1 498 0300
Mob: +353 87 690 9735
Buchanan
Bobby Morse / Chris Judd
Tel: +44 207 466 5000
(END) Dow Jones Newswires
March 20, 2019 05:31 ET (09:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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