Kenmare Resources PLC KMR

Latest Morningstar Commentary
DateAuthor Headline

Latest Company News

DateTimeSourceHeadlineType
Previous Stories...
26/04/201307:00HUGKenmare Resources - Kenmare Resources plc : Annual Financial ReportACS
09/04/201316:00DJDJ Lombard Medical Readies for US Launch of Aorfix; GETECH Profit SoarsOUT
09/04/201312:30DJDJ Surgical Innovations to Launch New 3MM Devices; GETECH Profit SoarsOUT
09/04/201309:30DJDJ GETECH Group Profit Soars; Orosur Mining Sees Anillo Drilling in MayOUT
09/04/201307:13DJDJ Kenmare Resources 1Q Heavy Mineral Concentrate Production RisesOUT
09/04/201307:00HUGKenmare Resources - Kenmare Resources plc : First Quarter 2013 Production UpdateMSC
28/03/201315:17HUGKenmare Resources - Kenmare Resources : Director/PDMR ShareholdingRDS
21/03/201317:37HUGKenmare Resources - Kenmare Resources : Director/PDMR ShareholdingRDS
20/03/201309:55HUGKenmare Resources - Kenmare Resources plc : Holding(s) in CompanyHOL
14/03/201309:33HUGKenmare Resources - Kenmare Resources plc : Further Re Directors AppointmentMSC
12/03/201316:00DJDJ Tangiers Petroleum Sees Africa Acquisition, Quarto Profit Hit By RestructuringOUT
12/03/201312:30DJDJ Quarto Profit Drops, Sylvania Platinum Lose 900 Ounces in Work StoppageOUT
12/03/201309:30DJDJ Sylvania Platinum Lose 900 Ounces in Work Stoppage; Kenmare Earnings SoarOUT
12/03/201309:00HUGKenmare Resources - Kenmare Resources plc : Directors AppointmentMSC
12/03/201308:09DJDJ Kenmare Resources Earnings Up, Production Down; Sees ExpansionERN
12/03/201307:00HUGKenmare Resources - Kenmare Resources plc : Preliminary Results and Interim Management StatementMSC
07/03/201317:14HUGKenmare Resources - Kenmare Resources : Block listing Interim ReviewBLR
01/03/201308:18DJDJ Kenmare Resources Inks $40M Corporate Facility With Absa BankCOM
01/03/201307:00HUGKenmare Resources - Kenmare Resources plc - Debt UpdateMSC
12/02/201312:29HUGKenmare Resources - Kenmare Resources plc : Holding(s) in CompanyHOL
Regulatory News Abstract
DateType Story
26/04/2013Adviser Change Change of Solicitor
Sullivan & Cromwell LLP is no longer named as lead Solicitor to the company
26/04/2013Adviser Change Appointment of Remuneration Consultant
MM&K Ltd has been appointed as Remuneration Consultant to the company
26/04/2013Business Event Notice of AGM
At the company's AGM to be held on 29 April 2013, special resolutions to empower the directors to allot equity securities for cash and to call a General Meeting of the company on not less than 14 clear days' notice, will be proposed
26/04/2013Trading Statement Confident about prospects
ch - "...confidence in the exciting prospects for the company for 2013 and the years ahead"
25/04/2013Adviser Change Change of Solicitor
Eversheds is no longer named as lead Solicitor to the company
15/04/2013Non-Exec Director Change Peter McAleer leaves board
Peter McAleer, non-executive Deputy Chairman, will step down from the board with effect from AGM
15/04/2013Non-Exec Director Change Ian Egan leaves board
Ian Egan, non-executive director, will step down from the board with effect from AGM
15/04/2013Non-Exec Director Change Simon Farrell leaves board
Simon Farrell, non-executive director, will step down from the board with effect from AGM
09/04/2013Business Event First quarter 2013 production update
The company announces production of Heavy Mineral Concentrate was 0.19m tonnes up 20.9%. This was processed into 0.14m tonnes of ilmenite, up 11.2%, and 0.01m tonnes of zircon, down 2.90%, including 4,700 tonnes of a secondary zircon product, up 4.00%. Production for March increased from previous months as the dredge pond comes towards the end of its transition from the low lying Namalope Flats zone onto a raised dunal plateau where it will mine for the coming years. 0.05m tonnes of ilmenite were shipped during the first quarter of 2013. This lower level of shipment was due to both low levels of stocks at year end and subdued market demand. Shipments have picked up in the second quarter, with six scheduled for April and five for May
12/03/2013Non-Exec Director Change Steven McTiernan appointed
Steven McTiernan has been appointed to the board as non-executive director with immediate effect
12/03/2013Non-Exec Director Change Gabriel Smith appointed
Gabriel Smith has been appointed to the board as non-executive director with immediate effect
01/03/2013Business Event Debt update
The company and Absa Bank Ltd have entered into an agreement establishing a corporate facility of US$40.0m for the company. Absa Bank Ltd, a member of Barclays plc, is an existing lender to the company. As at 31 December, 2012, the company's bank debt amounted to US$324m, comprising US$107m senior debt forecast to be paid by 1 August 2018 and US$218m subordinated debt, of which US$96.5m deferred subordinated debt is now forecast to be paid by 1 August 2014 and the balance of US$121m is forecast to be paid by 1 August 2019, in accordance with arrangements under the applicable finance agreements.
30/01/2013Business Event Trading update
The company provides an update with respect to production, market conditions, and commissioning of the expansion at the Moma Mine. Total production of Heavy Mineral Concentrate for 2012 was 0.77m tonnes; 0.57m tonnes of ilmenite and 0.05m tonnes of zircon. 0.68m tonnes of finished products were shipped in 2012 which generated revenues of US$235m, an increase of 40.0%. The company expects stronger market conditions to emerge with an improving pricing outlook for feedstocks during 2013. The company has commenced the commissioning phase of its 50.0% expansion of the facilities at Moma
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