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Kenmare output up

12 July 2017 09:30

Kenmare Resources' heavy mineral concentrate (HMC) production increased by 8% to 359,200 tonnes in the second quarter and by 18% to 712,700 tonnes in the first half.

Second quarter ilmenite production increased by 14% to 248,300 tonnes and by 25% in the first half to 504,800 tonnes

Primary zircon production in the second quarter totalled 12,900 tonnes, up 18% on a year ago. First half output of 25,700 tonnes was up 33%.

Total shipments of finished products in the second quarter fell by 10% to 279,600 tonnes, due to normal variations in shipping schedules (Q2 2016: 309,000 tonnes) but first half shipments rose by 221% to 535,700 tonnes.

At 9:30am: (LON:KMR) Kenmare Resources PLC share price was +10.13p at 265.13p

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