Kenmare Resources PLC 2015 AR2
The report outlines Kenmare Resources plc's operational and financial performance for the fiscal year 2015, a period significantly impacted by severe flooding and power interruptions at the Moma Titanium Minerals Mine in Mozambique. Despite these challenges, the company achieved a 24% reduction in total injuries and a 21% reduction in absolute cash operating costs through a retrenchment program and cost management initiatives. Production of ilmenite decreased by 11% to 763,500 tonnes, while zircon production increased by 2% to 51,800 tonnes. The company also progressed a material deleveraging plan and proposed recapitalisation to restructure its debt and secure future liquidity.
Company: Kenmare Resources PLC
Sector: Mining & quarrying
Country: Ireland
Year: 2015
Type: AR2
Pages: 156
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Kenmare Resources PLC
Annual Report & Accounts
The report outlines Kenmare Resources plc's operational and financial performance for the fiscal year 2015, a period significantly impacted by severe flooding and power interruptions at the Moma Titanium Minerals Mine in Mozambique. Despite these challenges, the company achieved a 24% reduction in total injuries and a 21% reduction in absolute cash operating costs through a retrenchment program and cost management initiatives. Production of ilmenite decreased by 11% to 763,500 tonnes, while zircon production increased by 2% to 51,800 tonnes. The company also progressed a material deleveraging plan and proposed recapitalisation to restructure its debt and secure future liquidity.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Workplace Fatalities
Employees