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Kenmare more than doubles profit in 2018

Maiden dividend still on the cards after H1 2019, with miner reaching net cash in 2018

Jacqueline Holman
A recovering mineral sands market, as well as record production and sales from Moma in Mozambique boosted Kenmare's 2018 financials

A recovering mineral sands market, as well as record production and sales from Moma in Mozambique boosted Kenmare's 2018 financials

This resulted in a basic and diluted profit per share of 46c. EBITDA for the year jumped 54% to $93.3 million. Managing director Michael Carvill told Mining Journal the earnings had been driven by the...

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