Irish Miner Kenmare Looks to Get Oman SWF Backing

Posted on 12/07/2015

Dublin-based Kenmare Resources plc raised US$ 100 million from Oman’s State General Reserve Fund (SGRF) pending conditions. Kenmare Resources, an Irish titanium and zircon miner, is looking to restructure its balance sheet and look for cost reductions. This capital raise follows notice of Perth-based miner Iluka Resources pulling out of its purchase plan to buy […]