Jan 30 2025
Resources
Recent Research
Kenmare, Q4 2024 production report
Jan 20 2025
Kenmare, Appointment of new CFO
Dec 20 2024
Tullow Oil, Trading statement
Nov 28 2024
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Tullow Oil
Trading statement and operating update
Tullow’s trading statement reflects results for 2024 that are broadly in line with our forecasts. Guidance for production and free cashflow in 2025 is below our forecast and the...
Kenmare
Q4 2024 production report
Kenmare’s production in Q4 was above our forecasts, driven by strong ore grades. Guidance for 2025 production is in line with our forecasts. Capex remains on budget and on schedule....
Tullow Oil
Successful resolution of tax arbitration case
Tullow Oil has announced the successful conclusion of a tax arbitration case in Ghana. It is not liable for $320m of branch profits remittance tax. It is now looking to resolve two...
Kenmare
Appointment of new CFO
Kenmare has appointed James McCullough as Chief Financial Officer (CFO). He will commence on May 1st 2025. He brings significant mining, strategic and financial experience and has spent...
Kenmare
Update on Implementation Agreement extension
Kenmare has provided an update on its Implementation Agreement in Mozambique, which is due to expire on December 21st. The company has agreed in principle to an extension on new terms....
Tullow Oil
Trading statement
Tullow Oil has issued a trading statement maintaining full year production guidance as well as capex and decommissioning costs. Free cashflow guidance has been lowered due to the timing...
Kenmare
Q3 production report reflects good performance and robust market conditions
Kenmare’s Q3 production report reflects volumes and shipments that are in line with our forecasts. The company is on track to achieve FY2024 guidance on all metrics. Capex on WCP A is...
Kenmare
H1 2024 results
Kenmare has reported H1 2024 results that are as expected given its previous Q2 production update. H1 shipments were impacted by weather, so full year earnings will be H2 weighted and...
Kenmare
Appointment of Managing Director
Kenmare has announced that Tom Hickey, the current Finance Director, has been appointed Managing Director. This is effective from August 15th. He succeeds Michael Carvill, who will step...
Tullow Oil
H1 results as expected and FY2024 guidance maintained
Tullow’s H1 2024 results are as expected following its AGM statement on May 16th, and it has maintained free cash flow and net debt guidance for FY2024. We continue to await news on...
