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Mozambique: Production of Rubies Grows, but Gemfields Faces a Drop in the Highest Value Stones in Cabo Delgado

Summary by E-global.pt
The increase in the volume of minerals extracted in Montepuez in the province of Cabo Delgado is not translating at the same rate into high quality rubies. The situation led Gemfields to lower the value of its participation in Montepuez Ruby Mining (MRM), recognizing an impartiality of 125.2 million dollars. According to [...] Content Mozambique: Production of rubies grows, but Gemfields faces a drop in the highest value stones in Cabo Delgado a…
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The increase in the volume of minerals extracted in Montepuez in the province of Cabo Delgado is not translating at the same rate into high quality rubies. The situation led Gemfields to lower the value of its participation in Montepuez Ruby Mining (MRM), recognizing an impartiality of 125.2 million dollars. According to [...] Content Mozambique: Production of rubies grows, but Gemfields faces a drop in the highest value stones in Cabo Delgado a…

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e-global.pt broke the news on Friday, October 9, 2026.
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