RNS Number:0190O
Kenmare Resources PLC
18 July 2000


Kenmare Resources plc ("Kenmare" or "the Company")


Kenmare announces the publication of Listing Particulars in respect of
Proposed Acquisition of Minerals Separation Plant and
Proposed Placing of 15,433,333 New Ordinary Shares.


Further to the announcements on 3 May, 2000 and 19 June, 2000 respectively, of
the proposed acquisition of a Minerals Separation Plant and the arrangement of
a placing of 29,433,333 Ordinary Shares of IR5p each, raising in aggregate
Stg#3 million, net of expenses, the Board of Kenmare is pleased to announce
the publication of a document comprising Listing Particulars in relation
thereto. 

This document, copies of which have been posted to Shareholders, convenes an
Extraordinary General Meeting of the Company for 2.00 p.m. on Wednesday, 9
August, 2000 ("the EGM"). Resolutions to be considered at the EGM are the
approval of the acquisition of the Minerals Separation Plant and the grant of
securities allotment authority to Directors. The Minerals Separation Plant is
part of the required infrastructure for the development of the Company's Moma
Titanium Mineral Sands Project in Mozambique ("the Moma Project"). The grant
of authority to Directors will facilitate completion of the second tranche
(15,433,333 Ordinary Shares) of the Share Placing.

These arrangements represent further progress toward the achievement of the
Directors' objective of production at the Moma Project by the end of 2002.

Charles Carvill, Chairman of Kenmare, said: "The purchase of the Minerals
Separation Plant and completion of the Share Placing are further successful
steps in the realisation of our strategy to bring the Moma Titanium Project in
Mozambique to production in 2002.  The Definitive Feasibility Study is on
schedule for completion later this year and dismantling and preparation for
transport of the Wet Concentrator Plant, which we purchased earlier this year,
is more than half completed and proceeding well."

For further information:

Tony McCluskey
Financial Director
Kenmare Resources plc
+353-1-671 0411      +353-87-674 0346

Jim Milton
Murray Consultants
Dublin 
+353-1-661 4666      +353-86-255 8400

Tim Blackstone
Blackstone Business Communications
London
+44-171-251 2527     +44-795-714 0416

Kenmare Website : www.kenmareresources.com
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