Deep inside a forest, sweating men haul earth out of rough excavation holes and carry it in bags on their backs to a stream. Then they sift for the small, red stones that could make their fortune -- ...

Canadian-listed precious gem miner and marketer Fura Gems has signed a share purchase and non-compete compact with GemRock Company that will allow it to further consolidate its ruby mining claims in ...

July 20 (Reuters) - Precious gem producer Gemfields GMLJ.JGEMGE.L on Wednesday reported an attack close to its ruby mine in Mozambique's northern Cabo Delgado province, but said operations had not ...

(Reuters) - British precious stones miner Gemfields Plc said it had found a 40.23-carat rough ruby at its Montepuez deposit in Mozambique, and termed the find as "one of the most important rubies ...

JOHANNESBURG (Reuters) - Artisanal miners torched a car belonging to miner Gemfields' Mozambique operation on Saturday and attacked the occupants with pickaxes, injuring three employees and one ...

Gemfields Group said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in villages nearby in escalating unrest linked to October’s disputed ...

Mozambique’s ruby mining sector continues to develop, with Australia-domiciled Mustang Resources announcing in late January that it had despatched its first commercial parcel of the precious stones ...

If there were any doubts about the extraordinary beauty and versatility of rubies, they should scatter in the wake of the new contemporary pieces incorporating gemstones from Gemfields’ Mozambique ...

This week, suspected Al-Shabab fighters attacked precious gem-rich areas of Mozambique’s Cabo Delgado province, closing at least two mining operations and causing hundreds of people to flee villages ...

The just completed Sotheby’s Magnificent Jewels sale in New York is the first auction to sell two items for more than $30 million. The first is the “Estrela de Fura,” a 55.22-carat Mozambique ruby ...

A 52 carat ruby and a pink diamond have set two world auction records after they went under the hammer for nearly £28 million each. The 55.22 carat Mozambique ruby, named the Estrela de Fura 55.22, ...

JOHANNESBURG (miningweekly.com) – TSX-V-listed gemstone producer Fura Gems has entered into an agreement to acquire an interest in nine ruby assets in Mozambique from ASX-listed Mustang Resources and ...