Kenmare rises on repaired plant

November 29, 2013, 00:50am

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.

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