Update regarding Cabo Delgado insurgency: neighbouring ruby mine attacked, MRM evacuation plan initiated
Date20 Oct 2022
Following an update on 30 August 2022, in which Gemfields announced increased vigilance regarding the Cabo Delgado insurgency, the Company wishes to report further developments. This morning, an attack attributed to insurgent activity has been reported at the neighbouring ruby mine belonging to Gemrock, which lies approximately 12km south-east of the operations of Montepuez Ruby Mining Limitada (“MRM”), in which Gemfields holds a 75% interest. Details of the attack are being verified.