Kenmare Resources output up

Irish mining company Kenmare Resources yesterday reported increased production in the fourth quarter of 2013, despite a fire which hurt output. The firm’s Moma Mine in Mozambique, which was hit by the fire, mined 7,655,600 tonnes of ore, 120 per cent more than in the fourth quarter of 2012. Kenmare suffered a decrease in Zircon production, with a fall of 38 per cent. The shares in London closed 5.3 per cent yesterday at 19.07p.