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.
Diamonds & Gemstones
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...
