Mozambique: Kenmare Will Not Meet 2012 Production Targets

Maputo — The Irish company Kenmare Resources, which mines ilmenite, rutile and zircon from the heavy mineral sands in the northern Mozambican district of Moma, reported on Wednesday that it no longer expects to meet this year’s production targets of 630,000 tonnes of ilmenite and 50,000 tonnes of zircon.

Kenmare expects the reduction to be less than 10 per cent, due partly to disruptions in electricity supply. The publicly owned electricity company, EDM, is upgrading the grid in Nampula province. This upgrade, says a Kenmare release, “although ultimately beneficial, has in the short term resulted in power disruption that reduced production in the third quarter, and continued in the fourth quarter”.

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