Investment
Mozambique ruby auction nets Gemfields US$52M
The latest Mozambique ruby auction generated US$52.0 million in total revenue, repatriated to Montepuez Ruby Mining , confirming firm buyer appetite for premium stones even as supply consistency at the Montepuez mine remains a key watch item. The sale ran from 5 to 16 October 2026. Buyers purchased 90 of 99 lots,…
FurtherAfricaBy FurtherAfrica
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