# Kenmare Resources mining dispute in Mozambique > Live situation record from CLSTR: https://clstr.news/situations/kenmare-resources-mining-dispute-in-mozambique > Updated: 2026-10-19T10:01:40.000Z. Sources: 4. Developments: 2. Kenmare Resources, operator of the Moma heavy sands mine in Mozambique, faced a period of uncertainty involving a non-binding acquisition proposal from Abu Dhabi-based International Resources Holding (IRH) and ongoing fiscal disputes with the Mozambican government. These disputes centered on the renewal of its Implementation Agreement and potential losses of tax and customs benefits. This situation concluded with a definitive agreement between Kenmare Resources and the Mozambican government to resolve the nearly three-year dispute. The settlement establishes a progressive royalty rate between 3% and 5%, depending on international ilmenite prices, and mandates that 10% of the mine’s tax revenues—estimated at US$8 million to US$10 million annually—be directed to the Nampula Local Development Fund. As part of the agreement, Kenmare pledged to retain its 1,682 workers and complete a 15-megawatt solar power plant by 2027. The settlement addresses previous claims by the Tax Authority for approximately US$30 million in unpaid taxes and royalties, as well as community concerns regarding development funding. ## Timeline ### 2026-10-19: Kenmare Resources and Mozambique settle Moma mine dispute Kenmare Resources and the Mozambican government have settled a three-year dispute over the Moma mine, agreeing to progressive royalty increases and new local development funding. 2 sources. https://clstr.news/cluster/kenmare-resources-and-mozambique-settle-moma-mine-dispute ### 2026-10-13: Mining sector sees major activity in Mozambique and South Africa Kenmare Resources faces an acquisition bid from Abu Dhabi's IRH amid fiscal disputes in Mozambique, while Anglo American announces a $676 million iron ore investment in South Africa. 2 sources. https://clstr.news/cluster/mining-sector-sees-major-activity-in-mozambique-and-south-africa --- Cite as: Kenmare Resources mining dispute in Mozambique. CLSTR, https://clstr.news/situations/kenmare-resources-mining-dispute-in-mozambique