Kenmare Resources plc (Kenmare or the Company)
20 March 2019
Update following Cyclone Idai
Kenmare Resources plc (LSE:KMR, ISE:KMR), which operates the Moma Titanium Minerals Mine in north-eastern Mozambique, provides an update following Cyclone Idai, which has impacted central Mozambique and other parts of southern Africa.
The Moma Mine has not been impacted materially by Cyclone Idai. The on-site team activated the cyclone preparedness plan to ensure that the Companys employees and assets were protected, and production continued without any significant interruptions. Product loading activities and shipping were suspended for seven days, however they resumed on Friday 15 March 2019, as sea conditions improved. Kenmare continues to receive grid power as the power network in northern Mozambique was not affected by the cyclone.
Kenmare is deeply saddened by the news of loss of life and scale of damage, and is providing financial support towards the relief effort in Mozambique. The Companys employees have also initiated a collection scheme to provide clothing and dry goods for the people impacted by the cyclone.
For further information, please contact:
Kenmare Resources plc
Michael Carvill, Managing Director
Tel: +353 1 671 0411
Tony McCluskey, Financial Director
Tel: +353 1 671 0411
Jeremy Dibb, Corporate Development and Investor Relations Manager
Tel: +353 1 671 0411
Mob: + 353 87 943 0367
Murray
Joe Heron
Tel: +353 1 498 0300
Mob: +353 87 690 9735
Buchanan
Bobby Morse / Chris Judd
Tel: +44 207 466 5000