Kenmare rises on repaired plant
Ireland-headquartered miner Kenmare Resources’ share price went up nearly four per cent yesterday, after the firm said a fire-damaged plant in Mozambique has now returned to full production capability. As previously reported, the Moma mine has also experienced a number of power outages, which impact production. The Mozambican government is working with the state electricity firm to resolve this, the FTSE 250-listed company said.