Kenmare Resources Details Annual Government Payments

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

Kenmare Resources plc, a leading producer of titanium minerals and zircon, has published its annual Report on Payments to Governments, detailing financial activities for the year ended 31 December 2023. The report outlines various payments made by the company’s subsidiaries to the Mozambican government, including taxes and royalties, based on their mining and processing operations at the Moma Mine. Kenmare emphasizes that all payments were made in compliance with transparency regulations and contribute to the local economy through their Moma Titanium Minerals Mine operations.

For further insights into GB:KMR stock, check out TipRanks’ Stock Analysis page.