Mozambique

Mozambique

Mozambique

  • The Montepuez ruby deposit is located in the northeast of Mozambique within the Cabo Delgado Province.
  • MRM is widely recognised as the single largest producing ruby mine in the world.
  • MRM produced 2.2 million carats of ruby and corundum and 81,300 carats of premium ruby during 2019.
  • MRM generated total auction sales of USD 121.5 million during 2019 taking total cumulative auction revenue to USD 584 million.