Dubai Diamond Exchange, Sotheby’s unveil world’s largest ruby

Mining News Pro - The Dubai Multi Commodities Centre (DMCC) has hosted the unveiling of two remarkable gemstones at its Dubai Diamond Exchange (DDE).

International trade data on emerald, ruby supply skewed

Mining News Pro - A recent report published by Africa-focused Gemfields rings the alarm bell on the lack of reliability of data related to the international supply and trade of emeralds and rubies.

Mozambique ruby mining giant hit by virus

Mining News Pro - Mozambique`s Montepuez Ruby Mining said it halted all but vital operations at the mine in the restive province of Cabo Delgado at the end of April because of supply chain restrictions and fears of an outbreak among staff.

Mozambique’s giant ruby mine boosts security after virus empties local jail

Mining News Pro - Gemfields Group strengthened security at its shuttered Mozambican ruby mine, after the government released illegal miners from jail as part of its response to the coronavirus crisis.

Mozambique`s ruby mining goes from ‘wild west’ to big business

Mining News Pro - MAPUTO – Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small-scale miner, he found a large red ruby in northern Mozambique. He sold it to a buyer from Vietnam for $43 000, returned to his family 900 miles away and built a house with the proceeds.

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