Tag

MRM

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.

Results – Singapore Rough Ruby Auction

Gemfields plc (AIM: GEM) is pleased to announce the results of its auction of predominantly higher quality rough ruby extracted by Montepuez Ruby Mining Limitada (which is 75% owned by Gemfields and 25% by local partners Mwiriti Limitada) from the Montepuez ruby deposit (“Montepuez”) in Mozambique. The auction was held in Singapore from 16 to 21 June 2015.

Jaipur Auction Results

Gemfields plc (AIM: GEM) is pleased to announce the results of its auction of predominantly lower quality rough ruby and corundum extracted by Montepuez Ruby Mining Limitada (in which Gemfields has a 75% interest) from the Montepuez ruby deposit in Mozambique. The auction was held in Jaipur, India from 17 to 22 April 2015.