rubies
Central Africa
Gemfields turns status from net loss to net profit
Precious stones miner Gemfields estimates that it will transform its financial status for the six-month period to 30 June 2018 from a state of net loss to net profit.
Diamonds & Gemstones
Fura Gems to acquire additional ruby licences in Mozambique
Fura Gems has entered into a share purchase agreement pursuant to which it will acquire a 100% interest in ruby prospecting licence No. 5572L in Mozambique.
News
All time record for auction of rubies
Pallinghurst has announced the results from an auction of rough rubies, held by Gemfields in Singapore, where revenue totalled US$71.8 million - an all-time record for Gemfields.
Diamonds & Gemstones
Mustang Resources to begin plant upgrades at Montepuez in June
ASX-listed Mustang Resources will begin plant upgrades at its Montepuez project in Mozambique in June aimed at doubling the current processing capacity.
Diamonds & Gemstones
Gemfields projects significant ruby output and long lifespan at Montepuez
Coloured gemstone miner Gemfields’ independent technical economic model, part of a Competent Persons Report for its 75% owned Montepuez ruby mine, reveals it will...
East Africa
Pallinghurst’s Gemfields delivers sparkling results, sapphires next
Zambia/Mozambique - Pallinghurst Resources’ new ruby business Gemfields is delivering massive successes for the company, not only in emeralds but rubies as well. It...
