Mozambique Projects Growth in Ruby Output Amid Mining Sector Resurgence
Mozambique projects a 5% increase in ruby production in 2025, expecting to extract over 4.1 million carats. This follows a dramatic 46% surge in 2024, […]
Gemfields
Mozambican ruby auctions have brought in 974 million euros in nine years
Mining company Gemfields announced on Thursday December 7 that auctions of precious stones, particularly rubies, mined in Montepuez, northern Mozambique, have already generated a total […]
Madagascar: President fires civil Chief of Staff detained in London over corruption
Madagascar’s President Andry Rajoelina has fired his civil Chief of Staff Romy Andrianarisoa currently in custody in the United Kingdom after her detention in London […]
Gemfields suspends operations in Mozambique after jihadist attack
British mining company Gemfields announced Tuesday that it had suspended exploration activities in northeastern Mozambique, which has been plagued by jihadist violence for more than […]
Mozambique: Gemfields achieves record revenues at ruby auction
Gemfields, the world’s largest gemstone, has earned record revenues from its latest auction of rough ruby extracted by 75%-owned Montepuez Ruby Mining at the Montepuez […]