Currently viewing Global edition

Inflation weighs on costs for Kenmare

LSE-listed Kenmare has delivered in line production results for the December quarter, but costs are on the up as inflation bites.

Inflation weighs on costs for Kenmare Inflation weighs on costs for Kenmare Inflation weighs on costs for Kenmare Inflation weighs on costs for Kenmare Inflation weighs on costs for Kenmare

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

The miner produced 343,900 tonnes of heavy mineral concentrate from its Moma mine in Mozambique in Q4, down 11% year-on-year as grades fell from 5.64% in the corresponding period last year to 4.31%.