Jump to navigation

Vol 55 No 14

Published 11th July 2014


Ruby wedding

Montepuez Ruby Mining held its first auction last month, raising US$33.5 million at the sale in Singapore. MRM is a joint venture between Britain's Gemfields PLC and a company owned by a senior member of the governing Frente de Libertação de Moçambique (Frelimo) and liberation war veteran, General Raimundo Pachinuapa.

End of preview - This article contains approximately 325 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.