NeoTerra Group has secured the right to increase its ownership of the Monte Muambe mining project in Mozambique from 51% to 70%, after meeting the spending requirements for the third phase of its farm-out agreement.
The Zimbabwe Anti-Corruption Commission has arrested a director of Orequest over an alleged scheme to smuggle more than 720 tonnes of raw lithium ore to Mozambique using fraudulent export papers.
Vulcan has begun a $160m electrification project at its Moatize coal mine in Mozambique, aiming to replace diesel equipment with a 300MW power system across mining, processing and rail.
Kenmare Resources cut 15% of staff at its Moma titanium minerals mine in Mozambique and suspended its dividend after gross profit plunged 79% and a $301.3m impairment pushed it to a $325m net loss.
South32 has placed its Mozal aluminium smelter in Mozambique on care and maintenance from 15 March 2026, after failing to agree an affordable power deal with Eskom and Cahora Bassa's HCB.
Mozambique, Malawi, Zambia and the DRC have signed a declaration to extend the Nacala railway corridor by about 2,400km, linking Chipata in Zambia to the DRC and onward to the Port of Nacala.
Mozambique expects coal production to exceed 22 million tonnes in 2026, up 15% on 2025, as Vulcan's Moatize operation and other Tete province mines increase output despite softer global prices.
Kenmare Resources has begun commissioning an upgraded Wet Concentrator Plant A at its Moma mine in Mozambique, a step toward mining the giant Nataka ore zone that holds about 70% of the mine's mineral resources.
