Moma Update
June 06 2003 - 8:45AM
UK Regulatory
RNS Number:0256M
Kenmare Resources PLC
06 June 2003
Kenmare Resources plc ("Kenmare" or "the Company")
Kenmare Announces Increase in Expected Zircon Production
At the AGM today, Kenmare announced a doubling of the expected zircon output
from its Moma Titanium Minerals Project.
A six month test work programme, performed by Roche Mining (M.T.), aimed at
optimising the zircon circuit, has demonstrated an improved recovery. Volumes of
Premium grade zircon are expected to increase from 24,000 tonnes per annum (tpa)
to approximately 34,000 tpa. In addition, a further 15,000 tpa of Special Grade
zircon will be produced.
Customers have already indicated strong interest in entering offtake
arrangements covering this additional zircon.
Charles Carvill said "We are very pleased to have achieved this improvement in
the expected zircon output. There is a strong demand for zircon and we expect to
enter offtake contracts shortly".
For more information:
Kenmare Resources plc
Michael Carvill, Managing Director
Tel: + 353 1 671 0411
Mob: + 353 87 674 0110
Binns & Co PR Ltd
Paul McManus
Tel: + 44 20 7786 9600
Mob: + 44 7980 541 893
Judith Parry
Tel: + 44 113 242 1171
Murray Consultants
Tom Byrne
Tel: + 353 1 498 0339
www.kenmareresources.com
6 June, 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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