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, […]
Montepuez Ruby Mining
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 […]
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 […]