Kenmare Resources shares jump on increased ilmenite production

Shares in FTSE 250-listed mining and exploration company Kenmare Resources rose on Tuesday after the company reported an increase in its ilmenite and zircon production in the first quarter of 2013.

Shares in FTSE 250-listed mining and exploration company Kenmare Resources rose on Tuesday after the company reported an increase in its ilmenite and zircon production in the first quarter of 2013.

Production of Heavy Mineral Concentrate (HMC) was 189,800 tonnes, up 20.9% from the fourth quarter of 2012, when it was 157,000 tonnes.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.