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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.
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.
ASX-listed Mustang Resources will begin plant upgrades at its Montepuez project in Mozambique in June aimed at doubling the current processing capacity.
Coloured gemstone miner Gemfields’ independent technical economic model, part of a Competent Persons Report for its 75% owned Montepuez ruby mine, reveals it will increase its mining capacity from 3.3 Mtpa to 5.6 Mtpa...
Zambia/Mozambique - Pallinghurst Resources’ new ruby business Gemfields is delivering massive successes for the company, not only in emeralds but rubies as well. It hopes to break into the sapphire market as well. The company...