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Kenmare Resources PLC - Mozambique-focused producer of titanium minerals and zircon - Says its Moma titanium project and company facilities have not been damaged by recent unrest in Mozambique. The company said operations at Moma are continuing and the company has ‘comfortably exceeded’ minimum production guidance for 2024.
‘Kenmare continues to monitor developments on a daily basis to ensure the continued safety of its workforce, contractors and host communities. Increased security measures have been put in place to safeguard the mine site and surrounding villages and to enable Kenmare‘s activities to continue safely and with minimal disruption,’ the company said.
Current stock price: 327.50 pence, down 2.2% in London on Friday morning
12 month change: down 16%
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