Tag: Montepuez Ruby Mining (MRM)

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January 31, 2022January 31, 2022Latest, Industry, Markets, National

MRM raises USD 643 million from gemstone sales

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The mining company Montepuez Ruby Mining (MRM) has raised $643 million from the sale of gemstones mined in Cabo Delgado province, namely rubies, sapphires, emeralds. The amount obtained represents 94% of documented national income from the production of those stones, according to a company statement. The document quoted by Pais Economico mentions that...

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October 27, 2021October 27, 2021Latest, National, Social Responsibility, Living

MRM supports displaced people in Cabo Delgado

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Montepuez Ruby Mining (MRM) recently offered a basket of various products to people displaced in the village of Nanjua, an administrative post in Mesa, Ancuabe district in Cabo Delgado, due to terrorist attacks by Islamic groups. To these families MRM offered one thousand sheets of zinc. The mining company also offered two thousand blankets and...