Source - Alliance News

Gemfields Group Ltd - London-headquartered gemstones supplier - Says operations of Montepuez Ruby Mining Limitada, in which it holds a 75% interest, continue with heightened ‘vigilance’ amid insurgent activity in Mozambique.

It says an attack, attributed to the Cabo Delgado insurgency last Wednesday, occurred at a closer proximity to the operations of Montepuez Ruby Mining Limitada than prior incidents. The attack reportedly took place in the Muaja village area. A large number of people are reportedly relocating to Nanhupo and Namanhumbir, where the mining operations are located.

Johannesburg current stock price: R 3.00, unchanged on Wednesday

12-month change: up 54%

London current stock price: 14.20 pence, down 2.1%

12-month change: up 34%

Copyright 2022 Alliance News Limited. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Gemfields Group Limited (GEM)

0p (0.00%)
delayed 15:49PM