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Kenmare dividend underlines market confidence

London-listed mineral sands producer Kenmare Resources will pay a maiden US2.66c/share dividend after six months in which the company withstood two cyclones and Mozambique's erratic power supply to mine and process record quantities of ore.

Elliott Holley
Kenmare Resources says a maiden dividend payment reflects a favourable ilmenite market outlook

Kenmare Resources says a maiden dividend payment reflects a favourable ilmenite market outlook

"I'm proud to announce our maiden dividend," said Kenmare managing director Michael Carvill. "Now is the appropriate time to begin making shareholder returns due to our balance sheet strength, improving...

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