|
Gemfields Group Ltd - London-headquartered gemstones supplier - Says its subsidiary Nairoto Resources Ltda has ceased operations following an insurgency attack in the Cabo Delgado province, Mozambique. Nairoto Resources, in which Gemfields owns 75% stake, starts evacuating its operational employees and contractors. Says there is no impact on operations at Montepuez Ruby Mining Ltda, another Mozambican business in which is also hold 75%. Gemfields says the attack attributed to insurgents took place shortly before midnight on Sunday. Current stock price in London: 17.20 pence, down 5.8% on Tuesday 12-month change: up 7.5% Current stock price in Johannesburg: R 3.71, down 4.4% 12-month change: up 19% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
