More News & Articles

Angola Wants Mining To Broaden Its Economic Base

Angola wants its mining sector to become one of the major contributors to the country’s Gross Domestic Product (GDP) and to be one of the most important sources of employment. So asserted Geology and Mines Minister Francisco Queiroz in his address in Luanda on Mineworkers Day, April 27 whose theme …

Read More »

Gemfields Prepares for Inaugural Ruby Auction, Reports Sound Quarter

As operations ramp up at its 75%-owned Montepuez ruby deposit in Mozambique, Aim-listed Gemfields is preparing for its inaugural ruby auction in Singapore in mid-June. “Gemfields is pleased to report on another sound quarter [to March], which has seen further progress at the Montepuez ruby deposit. Bulk-sampling operations continuing to …

Read More »

Gemfields doing ‘De Beers-equivalent’ in emeralds – Pallinghurst

 London-listed coloured-gemstones mining and marketing company Gemfields, which Pallinghurst chairperson Brian Gilbertson says is doing for emeralds what  did for diamonds, is now aspiring to repeat the performance in rubies. Gemfields, in which the resources fund of the JSE-listed diversified mining company Pallinghurst has a 38% holding, is rolling out …

Read More »