Latest Mozambique News

Triton Minerals has resolved disputes with NQM Gold 2 and confirmed the completion date for the sale of its Mozambique graphite assets, setting the stage for the final payment and legal closure.

AuKing Mining is set to acquire Green Exploration Limited, gaining full ownership of multiple Malawian projects rich in rare earths and copper, including the Machinga Heavy Rare Earths and Ngala Hill Copper/PGE assets.

MRG Metals has secured $725,000 through a placement and initiated a $750,000 Share Purchase Plan to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and exploration in Mozambique.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.

Fortuna Metals has declared a maiden mineral resource at its Mkanda project in Malawi, ranking it among the top six rutile deposits worldwide, while locking in a strategic US investment of A$8.6 million from WNDR to boost market exposure.

Syrah Resources moderated graphite output amid subdued ex-China demand, raised US$72 million to support ramp-up, and advanced Vidalia anode material towards commercial sales in H2 2026.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Triton Minerals has voluntarily suspended trading of its shares as it prepares to update the market on the completion status of its Mozambique graphite asset sale.

Tusker Minerals has outlined a multi-billion-tonne JORC Exploration Target at its Douala Basin Project in Cameroon, highlighting a globally significant rutile-rich mineral sands system with strong infrastructure advantages.

Triton Minerals has issued a default notice to NQM Gold 2 following a missed completion deadline for the sale of its Mozambique graphite assets, pushing the transaction deadline to 9 July 2026.

Fortuna Metals has produced a premium-grade rutile concentrate exceeding 96% TiO2 from its Mkanda project in Malawi, marking a significant step toward establishing itself as a global supplier of titanium and graphite.

Alcoa Corporation has agreed to acquire South32’s bauxite, alumina, and aluminum assets for $4.1 billion upfront plus up to $750 million contingent, significantly boosting its upstream aluminum operations and supply chain resilience.