MONTEPUEZ RUBY MINING PRESENTS FLAWED JUSTIFICATIONS AND QUESTIONABLE DATA

The Center for Public Integrity (Centro de Integridade Pública, CIP), in the context of its monitoring of governance regarding the extractive sector and exploitation of mineral resources, recently published an article entitled “Ruby Exploration by Montepuez Ruby Mining – A Huge Business with Hardly any Linkages to Mozambique’s Development”1, in which it concludes that the exploitation of rubies by Montepuez Ruby Mining makes only a weak contribution to Mozambique.

In a reaction to that note, Montepuez Ruby Mining (MRM) sent a letter to CIP dated May 3, 2018 where it says that “the report was not accurate regarding certain very relevant information that leads the reader to make ambiguous inferences”. In the same document MRM argues that, as a Gemfields Group company, it is guided by the core values of transparency, integrity and legitimacy.

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