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[November 2009]
Kenmare's Development Association Wins Nedbank Capital Green Mining Award
Kenmare Resources plc's development association, KMAD, has won a prestigious award for its activities aimed at social and economic enhancement of the communities surrounding Kenmare's Titanium Minerals Mine in northern Mozambique. The award was presented at the Nedbank Capital Green Mining Awards ceremony held in Johannesburg.
The Nedbank Socio-Economic Award was made by a panel of independent and expert adjudicators following an interview and three-day site visit to examine the work of KMAD and meet with project beneficiaries. The awards attracted a record number of entries this year, with a good number of quality entries, resulting in stiff competition. Nedbank is one of the largest banking groups in South Africa.
Nedbank particularly praised the fact that KMAD's development work began before mining commenced, that it has an overall strategic vision and a 'bottom up' approach, as well as close partnerships with international and local Non-Governmental Organisations and Government bodies.
Just several weeks ago, Kenmare Resources plc won the President's Award for the best International CSR Programme from the Chambers of Commerce of Ireland, in association with the Irish Government Department of Community Affairs, at a ceremony in Dublin.
KMAD works alongside the community, business, Non-Governmental Organisations and Government to run and support projects in education, income generation, health, savings & credit, sports and food security.
Charles Carvill, Chairman, said: “We are delighted that the work of KMAD has been recognised with this highly respected award. It recognises the commitment of Kenmare and the staff of KMAD, together with partner organisations, in implementing projects that create sustainable economic opportunities independent of the mine. I would also like to acknowledge the funding support received from private donations as well a number of organisations such as Dutch development bank, FMO”.
www.kenmareresources.com
ENDS