London-based mining company Gemfields announced yesterday, Thursday (05), that it had raised 2.3 million dollars in an auction of commercial rubies. The stones sold from September 2nd to 4th (Monday to Wednesday) were mined in the Montepuez district, in northern Mozambique, by Montepuez Ruby Mining Limitada (MRM), which owns...
Montepuez Ruby Mining (MRM), which operates in the Namanhumbir administrative post, Montepuez district, in Cabo Delgado, will invest 100 million dollars in a second ruby processing plant in 2025. The new facility will make it possible to increase ruby processing from the current 200 tons per hour to 600 tons, said Milcon Chichume,...
Montepuez Ruby Mining (MRM) on Tuesday expressed its concern about illegal mining in Cabo Delgado province, financed by foreign traders, stressing that this activity exploits and endangers young people, including children. According to the mining company, illegal mining in the region puts pressure on local communities and deprives Mozambique of the much-needed...
Gemfields, majority shareholder of the company that explores rubies in northern Mozambique (Montepuez Ruby Mining), announced it had raised US$4.2 million (five million euros) in an auction of commercial stones extracted in Cabo Delgado. The auction took place in Bangkok, the Thai capital, between September 19 and 23. Stones were sold...
Montepuez Ruby Mining (MRM), which explores rubies in Cabo Delgado, in the north of the country, has raised US$731 million from 15 auctions held since the start of its operations in 2011. In a statement, the firm said that of the total amount, $88 million is the result of auctions held this month, a figure...
Montepuez Ruby Mining (MRM) was distinguished as the best contributor of Cabo Delgado province in 2021. The distinction was awarded, on Saturday, by the Secretary of State in Cabo Delgado province, António Supeia, who highlighted the importance of the project in the province's development. So far, the revenues resulting from 15 auctions of rubies...
Montepuez Ruby Mining (MRM), in Cabo Delgado, announced today the death of an illegal miner died after the collapse of a mine in its concession area. According to a statement issued by MRM, the man died while illegally exploiting an artisanal mine, at 04:00, along with three other garimpeiros, one of them only...
Montepuez Ruby Mining (MRM) has been mining rubies in the town of Namanhumbir, Montepuez district, south of Cabo Delgado province for ten years