While the plant is expected to produce its first rubies in August, its final completion is expected in September.

Gemstone miner Gemfields says final completion of its subsidiary Montepuez Ruby Mine’s (MRM’s) second processing plant (PP2), ...

Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical ...

African diamond-producing countries and global industry leaders pledged Wednesday to dedicate one percent of revenue to ...

Stakeholders supported the Federation of Miners Association of Tanzania (FEMATA)’s proposal to establish a dedicated bank for ...

Discover the top 10 diamond-producing countries by volume and value. Learn about key mines, major companies, and how these ...

In the last week, the United States market has been flat, but it has seen a 9.9% increase over the past year with earnings forecasted to grow by 15% annually. In this environment, identifying stocks ...

London-listed Gemfields Group said on Friday that a second plant at its Mozambique mine was on track to start producing ...

The Gem and Jewellery Export Promotion Council signed the Luanda Accord, committing to allocate 1% of rough diamond sales for ...

Apex industry body Gem and Jewellery Export Promotion Council on Wednesday said it has signed the Luanda Accord, which commits 1 per cent of rough (diamond) sales revenue to global natural diamond ...