Kenmare has been producing ilmenite at its Moma mine in Mozambique since 2007. Promote Great Western Mining, an explorer with a market capitalisation of just €4.3 million. Yet to generate any meaningful revenues in two decades chasing gold, silver and copper in Nevada, the company officially joins the index on Monday. Davy analysts now expect ilmenite prices to fall for a fourth consecutive year in 2026, to about $255 a tonne. Much would depend on whether investors would then give Kenmare credit for what analysts see as the company’s underlying value.

Source: The Irish Times December 20, 2025 18:01 UTC