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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%
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