Mozambique Mining: Gemfields to pay $8.3 mn to settle Montepuez torture & murder claims

Mozambique Mining:  Gemfields to pay $8.3 mn to settle Montepuez torture & murder claims

Gemfields has agreed to pay $8.3 mn to settle 273 claims of killings, severe beatings and house burnings related to the Montepuez ruby mines, the company announced today. Importantly, it has agreed an independent grievance panel which can award compensation for any future claims.

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Mozambique Mining: Fura Gems obtains another licence to prospect for rubies in Cabo Delgado

Canadian company Fura Gems has signed an agreement to acquire 100 percent of a licence to prospect for rubies in the Montepuez district of Cabo Delgado province in northern Mozambique, the company announced in a statement released on Thursday.

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Mozambique Mining: “Montepuez Ruby Mining presents flawed justifications, questionable data”- CIP reports

Montepuez Ruby Mining (MRM) sent a letter dated May 3, 2018 where it says that “the [previous] CIP report is not accurate in certain very relevant information that lead the reader to ambiguous inferences.” In parallel to the publication of the MRM letter, CIP produced this complementary note that aims to answer the points raised by MRM and inform the public, because the letter from the mining company presents flawed justification and questionable data.

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Mozambique Mining: Gemfields reveals and denies fresh human rights abuse claims

Pallinghurst Resources’s precious gemstones miner Gemfields is standing up to disturbing allegations of human rights abuses at the company’s Montepuez ruby mine in Mozambique, and disclosed it’s now target of a legal claim on behalf of 29 locals. The company, the world’s top coloured gems producer, accounting for roughly a third of the global supply of emeralds and rubies, revealed that human rights law firm Leigh Day had lodged a claim against the company and its Mozambican…

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Mozambique Mining: Montepuez Ruby Mining reports US$58.8Mi in revenues from rubies auction in Singapore

A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of US$54.8 million, said the company, which is a partnership that is 75% owned by Gemfields and the remaining 25% by Mozambique’s Mwiriti. Lda.

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