Analysts have been invited for a site visit Moma Mine this week.
Kenmare Resources the developers of the mine said the two days visit for analyst and investors was visit Moma’s three mining ponds, Wet Concentrator Plant (“WCP”) A, WCP B and the new development project, WCP C.
“The investor and analyst group will visit WCP C mining pond, flooded in mid-January 2020 and first heavy mineral concentrate production continues to be expected before the end of February 2020.”
The WCP C development is the second of three growth projects that together are planned to increase Moma’s production to 1.2 million tonnes per annum of ilmenite from 2021, which represents a 35 percent increase compared to 2019 production.
Meanwhile the group will also visit Kenmare’s dedicated export facilities, the dune rehabilitation area and some of the community initiatives supported by the Kenmare Moma Development Association (KMAD), a not-for-profit organisation established by Kenmare in 2004.