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Kenmare details 2025 government payments from Moma mine operations

Story Highlights
  • Kenmare published its 2025 government payments report, outlining taxes, royalties, fees and infrastructure-related payments from its Moma mine in Mozambique.
  • Subsidiaries KMML and KMPL paid Mozambican authorities corporation tax and production and revenue royalties, highlighting Kenmare’s fiscal contribution and regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kenmare details 2025 government payments from Moma mine operations

Meet Samuel – Your Personal Investing Prophet

Kenmare Resources ( (GB:KMR) ) has shared an update.

Kenmare Resources has published its 2025 Report on Payments to Governments, detailing cash-based taxes, royalties, fees and infrastructure-related payments linked to its Moma mine operations in Mozambique. The disclosure, required under Irish and U.K. transparency rules for extractive companies, covers payments by subsidiaries KMML and KMPL, which together generate virtually all of the group’s turnover and assets.

The report explains that KMML’s Mozambique branch paid corporation tax at 35% on taxable profits from heavy mineral concentrate production, while KMPL remains exempt from corporation tax under an implementation agreement. It also outlines mining royalties of 3% on KMML’s heavy mineral concentrate sales to KMPL and a 1% revenue royalty paid by KMPL, underscoring the group’s fiscal contribution to Mozambique’s government and clarifying how its obligations are calculated under longstanding mineral licences.

The most recent analyst rating on (GB:KMR) stock is a Hold with a £220.00 price target. To see the full list of analyst forecasts on Kenmare Resources stock, see the GB:KMR Stock Forecast page.

Spark’s Take on KMR Stock

According to Spark, TipRanks’ AI Analyst, KMR is a Neutral.

The score is held back primarily by the 2025 earnings collapse (large net loss), negative free cash flow, and increased leverage, alongside weak technical momentum (below key moving averages with negative MACD). The main offset is the very high dividend yield, though the negative P/E reflects the recent loss.

To see Spark’s full report on KMR stock, click here.

More about Kenmare Resources

Kenmare Resources is an Irish-listed miner focused on titanium minerals and zircon, operating the Moma Titanium Minerals Mine on Mozambique’s northern coast. Moma accounts for about 6% of global titanium feedstock output, supplying industrial customers in more than 15 countries for use in paints, plastics and paper. The group’s mining is conducted by KMML and downstream processing by KMPL, both in Mozambique and wholly owned by the parent.

Average Trading Volume: 139,291

Technical Sentiment Signal: Sell

Current Market Cap: £211.8M

Learn more about KMR stock on TipRanks’ Stock Analysis page.

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