Categories: Finance and Commerce

Gemfields pauses work at ruby mine after raid on company village in Mozambique

Gemfields, one of the largest miners of coloured gems, said the incident came as groups sought to take advantage of ‘the prevailing political unrest in Mozambique’.

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London-listed emerald and ruby miner Gemfields has suspended work in Mozambique, where two looters were shot dead during a raid that saw buildings set alight.

The firm, which owns Faberge, said more than 200 people linked to illegal ruby mining attacked a village built by the company next to its Montepuez Ruby Mining operation on Christmas Eve.

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