Acquisition of 75% interest in Mozambican ruby project
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Date08 Jun 2011
Gemfields plc (“Gemfields” or “the Company”, Ticker “GEM”) announces that it has entered into a conditional agreement (the “Agreement”) to acquire a controlling interest in a ruby deposit based in the Montepuez district of the Cabo Delgado province in Mozambique (the “Project”).
Gemfields Acquires 75% Interest in Mozambican Ruby Project
/
Date08 Jun 2011
Gemfields plc announces that it has entered into a conditional agreement (the “Agreement”) to acquire a controlling interest in a ruby deposit based in the Montepuez district of the Cabo Delgado province in Mozambique (the “Project”).