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Gemfields

Mozambique Projects Growth in Ruby Output Amid Mining Sector Resurgence

May 28, 2025 Steven Addamah 0

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, […]

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Mozambican ruby auctions have brought in 974 million euros in nine years

December 8, 2023 Steven Addamah 0

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

August 17, 2023 Geraldine Boechat 0

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

February 15, 2023 Geraldine Boechat 0

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

June 20, 2017 Steven Addamah 0

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 […]

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