It’s a stark, startling contrast. Beautiful, precious jewels, like rubies, emeralds and sapphires, are often sourced in dismal conditions where disadvantaged workers and lawlessness make it easy for ...

GEMFLELDS Group said today its Montepuez ruby mine in northern Mozambique was stormed by illegal miners, resulting in the deaths of two police officers. Around 40 intruders marched on the mine ...

July 20 (Reuters) - Precious gem producer Gemfields GMLJ.JGEMGE.L on Wednesday reported an attack close to its ruby mine in Mozambique's northern Cabo Delgado province, but said operations had not ...

Coloured gemstones miner Gemfields (LON: GEM) (JSE: GML) said on Wednesday it sold almost $69 million of mixed-quality rubies at its June auction, with 97% of the offering gone. The auction marked the ...

Gemfields Group said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in villages nearby in escalating unrest linked to October’s disputed ...

JOHANNESBURG (miningweekly.com) – As operations ramp up at its 75%-owned Montepuez ruby deposit, in Mozambique, Aim-listed Gemfields is preparing for its inaugural ruby auction in Singapore in ...

Rubies lie exposed at the bottom of a mine pit at Gemfields Montepuez mine GEMFIELDS will commission a second processing plant at its ruby mine Montepuez in Mozambique in September, the company said ...

Coloured gemstone mining and marketing company Fura Gems received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (MIREM) for the acquisition of a ruby licence, the ...

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. The 94 lots on offer, of which ...