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Gemfields reports on an insurgency near Mozambique operations

Kitco Media
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Gemfields Group said today that occurred in a village that is in close proximity to its Mozambique operations.

"An attack, attributed to insurgent activity on 13 July 2022, occurred at a closer proximity to the operations of Montepuez Ruby Mining Limitada (“MRM”), in which Gemfields holds a 75% interest, than prior incidents. The attack reportedly took place in the Muaja village area, which is some 30km by road from MRM. A large number of people are reportedly relocating to Nanhupo and Namanhumbir, where the mining operations are located," wrote the company in a news release.

Gemfields' Montepuez is a a ruby mine. The company is also a 75% owner of the Kagem emerald mine in Zambia.

The company said it is in contact with authorities and has increased vigilance.

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