KMR Kenmare Resources Plc

 
TIDMKMR 
 
 
   Kenmare Resources plc ("Kenmare" or "the Company" or "the Group") 
 
   10 March 2021 
 
   Operational update 
 
   Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global 
producers of titanium minerals and zircon, which operates the Moma 
Titanium Minerals Mine (the "Mine" or "Moma") in northern Mozambique, 
announces an operational update. 
 
   Mozambique has been experiencing an increase in the number of COVID-19 
cases in Q1 2021. COVID-19 positive test results at Moma increased in 
December 2020, as reported in mid-January with the Q4 Production Report. 
This has risen to 177 people currently in isolation, with the majority 
of positive cases being asymptomatic. 
 
   Protecting our people is Kenmare's highest priority and management is 
focused on minimising the spread of COVID-19. In addition to 
pre-existing physical distancing and hygiene protocols, Kenmare has 
initiated blanket testing of the workforce on the site every two weeks 
and is targeting a reduction of this interval. This will help to 
identify and isolate positive cases more quickly and limit the spread of 
the virus. 
 
   The larger number of cases is limiting availability of the workforce, 
including senior management, at the site. However, the business is being 
managed to mitigate the impact and production has continued at normal 
levels. 
 
   Kenmare will provide a further update with the release of its 2020 
Preliminary Results on Wednesday 24 March 2021. 
 
   For further information, please contact: 
 
   Kenmare Resources plc 
 
   Jeremy Dibb 
 
   Investor Relations 
 
   https://www.globenewswire.com/Tracker?data=anBgfE2e_VNt3AIAKIEzoDCT-pSMUZ11n6OQowMTKN7ay4PPNPwNlWXr-zQWdmEW1cklgP6m4hn3o3rx3pZ7Z-N26bycEdgST7Mt-QGTRT4= 
ir@kenmareresources.com 
 
   Tel: +353 1 671 0411 
 
   Mob: + 353 87 943 0367 
 
   Murray (PR advisor) 
 
   Joe Heron 
 
   Tel: +353 1 498 0300 
 
   Mob: +353 87 690 9735 
 
   About Kenmare Resources 
 
   Kenmare Resources plc is one of the world's largest producers of mineral 
sands products. Listed on the London Stock Exchange and the Euronext 
Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. 
Moma's production accounts for approximately 7% of global titanium 
feedstocks and the Company supplies to customers operating in more than 
15 countries. Kenmare produces raw materials that are ultimately 
consumed in everyday "quality-of life" items such as paints, plastics 
and ceramic tiles. 
 
   Forward Looking Statements 
 
   This announcement contains some forward-looking statements that 
represent Kenmare's expectations for its business, based on current 
expectations about future events, which by their nature involve risks 
and uncertainties. Kenmare believes that its expectations and 
assumptions with respect to these forward-looking statements are 
reasonable. However, because they involve risk and uncertainty, which 
are in some cases beyond Kenmare's control. Actual results or 
performance may differ materially from those expressed or implied by 
such forward-looking information. 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 10, 2021 02:00 ET (07:00 GMT)

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