News Articles for Kenmare Resources

Mineral sands miner Iluka Resources says it will suffer a $25 million pre-tax charge to its profit as a result of the decline in the Australian government bond rate.

Iluka Resources has terminated its long-running takeover discussions with Ireland-based Kenmare Resources, after being advised that Kenmare's major shareholder would not support the planned acquisition.

Expect fireworks at the Australian leg of BHP Billiton's annual meeting process, to be held in Perth this week.

Mineral sands miner Iluka Resources has lifted its first-half profit by 74 per cent, to $20.4 million, on the back of a weaker Australian dollar.

Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $363 million.