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Home Extractive industry Ruby Exploration by Montepuez Ruby Mining A Huge Business with Hardly any Linkages to Mozambique's Development

Ruby Exploration by Montepuez Ruby Mining A Huge Business with Hardly any Linkages to Mozambique's Development

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Ruby Exploration by Montepuez Ruby Mining A Huge Business with Hardly any Linkages to Mozambique’s Development

Montepuez Ruby Mining Limited (MRM), incorporated as a limited liability partnership between Gemfields Mauritius Ltd and Mwiriti Ltd1, is authorized2 to mine rubies, aquamarines, grenadas and tourmalines for a period of 25 years.

The concession was authorized by the Government of Mozambique through the Ministry of Mineral Resources and Energy in 2011 (mining concessions nos. 4702C and 4703C) and later reissued in 2015 for the amalgamation of the concessions (4703C), under Law 14/2002 of 26 June, and Laws 11 and 13/2007 of June 27 and its regulations.

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