FTSE 250 miner Kenmare Resources appoints Buchanan

Buchanan has won the financial PR account of Kenmare Resources, the London and Irish listed FTSE 250 mining firm.

Kenmare Resources: Expanding Mozambique mining operation
Kenmare Resources: Expanding Mozambique mining operation

Kenmare owns and operates the Moma Titanium Minerals Mine on the north east coast of Mozambique, which is one of the world’s largest producers of titanium minerals supplying the global paint, plastics and coatings industries.

Buchanan picked up the brief following a competitive pitch, understood to have featured a number of other City PR heavyweights including Pelham Bell Pottinger and Brunswick. The firm has previously worked with Murray Consultants and Tavistock Communications.

The account team is led by Bobby Morse, senior partner, who commented: "Kenmare Resources has developed and brought into production the Moma Mine, a world class and low-cost asset. Following the expansion and the ramp up to full production, Kenmare has an exciting opportunity to further consolidate its position as a leading titanium minerals producer, and to generate significant returns for shareholders over the next few years."

Kenmare Resources completed Phase II expansion in 2013, and is expected to produce eight per cent of global TiO2 minerals from the expanded facilities.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

Growing number of clients plan PR budget increases

Growing number of clients plan PR budget increases

The number of marketers planning to increase their PR budgets during 2014 has climbed, according to the latest quarterly Bellwether survey by the Institute of Practitioners in Advertising.

Max Clifford trial jury to continue deliberations tomorrow

Max Clifford trial jury to continue deliberations tomorrow

The jury in the trial of celebrity publicist Max Clifford has been sent home after a second day of deliberations about its verdicts on 11 charges of indecent assault.

Champagne producer Charles Heidsieck appoints Story PR