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Kennedy Ventures soars as plant for Namibia project is fully commissioned

Tue, 03rd Nov 2015 10:46

(ShareCast News) - Shares in Kennedy Ventures surged over 25% on Tuesday morning, after the investing company said the process plant for the Tantalite Valley project in Namibia had successfully commissioned.The London-listed company said the mine is almost fully staffed and expects underground production to be available by the end of November, with the first offtake of deliveries set to start at approximately in the same period.Kennedy added it expects to increase production to an initial monthly target rate of 10,500 tonnes in the second quarter of 2016.Kennedy shares were up 26.66% to 7.60p at 1108 GMT on Tuesday.
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1 Jul 2015 09:34

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11 Jun 2015 09:19

Kennedy Ventures Appoints Peter Hibberd As New Chief Executive

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31 Mar 2015 12:40

Kennedy Ventures Eyes Further Tantalite Mine Acquisitions

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14 Nov 2014 08:54

Kennedy Ventures Pretax Loss Widens In Recent Financial Year

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23 Oct 2014 14:37

Armstrong Ventures Raises GBP330,00 In Placing, Pires Takes 13% Stake (ALLISS)

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4 Aug 2014 11:12

UK MIDDAY BRIEFING: HSBC Results Below Expectations

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4 Aug 2014 10:49

UK WINNERS & LOSERS: HSBC And Intertek Rise Despite Lower Profit

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4 Aug 2014 08:14

Kennedy Ventures Goes For Tantalum Market With Acquisition

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25 Mar 2014 16:04

Kennedy Ventures appoints new Chair, announces fundraising

Kennedy Ventures has appointed Giles Clarke as Chairman and raised 489,375 pounds through the placement of new ordinary shares in the investment firm. The group will issue 39,150,000 placing shares to new and existing investors at a price of 1.25p each. Clarke will replace Peter Redman who will

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25 Mar 2014 13:48

Kennedy Ventures Raises GBP550,000 By Issuing Shares

LONDON (Alliance News) - Kennedy Ventures PLC Tuesday said it has raised GBP489,375 before expenses through a placing of about 39.2 million shares at 1.25 pence each to new and existing investors, as it appointed a new Chairman. In a separate statement, Kennedy Ventures said it raised a fur

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24 Mar 2014 09:09

Kennedy Ventures Cuts Costs, Pledges Further Reduction

LONDON (Alliance News) - Kennedy Ventures PLC Monday reported a smaller loss for the first half of its financial year as it cut administrative expenses, but said the costs were still too high and will be materially lower in the second half of the year. Kennedy, which is now an investment co

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