Tag

MRM

Record auction result – US$55 million generated

Pallinghurst is pleased to announce the results of an auction of rough rubies held by its 100% subsidiary, Gemfields plc (“Gemfields”), in Singapore from 6 – 10 November 2017. The rough rubies were extracted by Montepuez Ruby Mining Limitada (“MRM”, which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada) from the licence held by MRM in the Montepuez district of Mozambique.

Gemfields Unveils: Ruby Inspired Stories

Gemfields, a leading supplier of responsibly sourced coloured gemstones, is proud to unveil ‘Ruby Inspired Stories’, a triptych of films featuring up-and-coming global female talent, each exploring the hidden meaning behind these captivating gemstones.

Montepuez Ruby Mine Maiden JORC Resource & Reserves

Gemfields plc (AIM: GEM) is pleased to announce the publication of a Competent Persons Report (“CPR”) produced by SRK Consulting (UK) Limited (“SRK”) on the Montepuez Ruby Mine (“MRM” or “Montepuez”), which is 75% owned by Gemfields and 25% by local partners, Mwiriti Limitada. The CPR includes MRM’s maiden Mineral Resource and Ore Reserve estimates and accompanying Statements prepared in accordance with JORC Code (2012).

Competent Persons Report On The Montepuez Ruby Project, Mozambique

SRK Consulting (UK) Limited (SRK) is an associate company of the international group holding company, SRK Global Limited (the SRK Group). SRK has been commissioned by the board of Gemfields Plc (hereinafter also referred to as the “Company” or “Gemfields”) to prepare a Competent Persons’ Report (CPR) on the Montepuez Ruby Project (“Montepuez” or “the Project”) in Mozambique. Montepuez Ruby Mining Lda (“MRM”) is the project operator, and a joint venture between Gemfields and Mwiriti Lda.