Carvill knows value of Kenmare’s Mozambique mine more than anyone. Is he ready to pay up?

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Former Kenmare chief Michael Carvill was known to moan about how the market failed to appreciate the firm's value. Photograph: Bryan O’Brien Kenmare Resources founder Michael Carvill, whose perceived resistance to a sale of the miner resulted in his exit last year, is back. It may not be a great time to sell with Kenmare’s Moma mine in Mozambique grappling with declining titanium mineral prices, political unrest in the African country and delays in nailing down a new royalties deal with authorities – just as it is in the middle of a large investment programme. But Carvill (65), who turned...