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Kenmare battles to get back on track

Dublin-headquartered Kenmare Resources has reinstated production guidance for its Moma mine in Mozambique, with the company now confident of delivering volumes from its high-grade Pilivili zone in Q4.

Kenmare battles to get back on track Kenmare battles to get back on track Kenmare battles to get back on track Kenmare battles to get back on track Kenmare battles to get back on track

Kenmare Resources' Moma mine site is located on the north east coast of Mozambique, around 1,700km north of the nation's capital Maputo

Kenmare said Tuesday it expected to produce 700,000-800,000 tonnes in 2020, down from its previous guidance range of 800,000-900,000t.