Moma update
Moma mine operations unaffected by Mozambique disruptions; 2024 production guidance exceeded.
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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, provides an update on its operations.
Despite widespread disruption elsewhere in Mozambique since the ruling of the Constitutional Court on the election results on 23 December 2024, there have been no material incidents at the Mine and no damage to Company facilities. Operations at Moma are continuing and the Company has comfortably exceeded minimum production guidance in respect of all products 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.
Kenmare will provide further updates as required.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.