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Pin to quick picksKenmare Resources Regulatory News (KMR)

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193.00    3.00 (1.58%)
Bid:
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Spread: 8.20 (4.447%)
Market Cap: £171.09m
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Board Update

5 Nov 2019 07:00



Board Update

Kenmare Resources plc (“Kenmare” or “the Company”)

5 November 2019

Board Update

Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, is pleased to announce the appointment of Elaine Dorward-King as a Non-Executive Director, effective immediately. In conjunction with her appointment to the Board, Dr. Dorward-King also becomes a member of Kenmare’s Sustainability Committee.

Dr. Dorward-King has over 30 years’ experience in the mining, chemicals and engineering industries, including the mineral sands sector.

Since March 2013 she has served as Executive Vice President of Sustainability and External Relations for Newmont Goldcorp, the world’s leading gold mining company. Prior to that, she worked from 1992 to 2013 for Rio Tinto, holding positions including Global Head of Health, Safety and Environment, and Managing Director of Richards Bay Minerals in South Africa, a mineral sands mining and beneficiation company and a subsidiary of Rio Tinto. She holds a PhD in Analytical Chemistry from Colorado State University.

There are no matters in respect of Dr. Dorward-King requiring disclosure under UK Listing Rules 9.6.13(1) to 9.6.13(6) inclusive.

Statement from Steven McTiernan, Chairman of Kenmare:

“I am delighted to welcome Elaine to Kenmare’s Board. Her significant leadership experience in both mineral sands and sustainability will complement the existing skillset of our Directors to ensure a strong balance of skills, experience and diversity.

Kenmare is focused on operating responsibly, with a progressive land rehabilitation programme, the majority of our power needs supplied by hydropower and no chemicals used in our mining or processing operations. We look forward to Elaine’s counsel as we strive to continually improve our environmental, social and governance performance.”

For further information, please contact:

Kenmare Resources plcJeremy Dibb / Katharine SuttonInvestor RelationsTel: +353 1 671 0411Mob: + 353 87 943 0367 / + 353 87 663 0875

Murray (PR advisor)Joe Heron Tel: +353 1 498 0300Mob: +353 87 690 9735

About Kenmare Resources

Kenmare Resources plc is one of the world’s largest producers of mineral sands products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine in Mozambique. Moma’s production accounts for approximately 7% of global titanium feedstocks and the Company supplies to customers operating in more than 15 countries. Kenmare produces raw materials that are ultimately consumed in everyday “quality-of life” items such as paints, plastics and ceramic tiles.


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