It’s a stark, startling contrast. Beautiful, precious jewels, like rubies, emeralds and sapphires, are often sourced in dismal conditions where disadvantaged workers and lawlessness make it easy for ...

YANGON (AFP): A Myanmar ethnic minority armed group was battling junta troops in a ruby and gem-mining hub on Friday, the group and the junta told AFP, with reports of civilian casualties in shelling ...

Locals accuse the ethnic army and Chinese companies of wrecking Mogoke’s golf course and other areas in a final rush for gems ...

Precious gem miner Gemfields Group has stopped operations at its Montepuez ruby mine in Mozambique's Cabo Delgado province after an attack was reported at a nearby facility, it said on Thursday. "This ...

Gemfields Group said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in villages nearby in escalating unrest linked to October’s disputed ...

Coloured gemstones miner Gemfields (LON: GEM) (JSE: GML) said on Wednesday it sold almost $69 million of mixed-quality rubies at its June auction, with 97% of the offering gone. The auction marked the ...

Gemfields Group CEO Sean Gilbertson saw an opportunity to reshape the colored gem industry when he joined the company’s board in 2008. At the time, “the colored gem sector was fragmented, unregulated, ...

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. The 94 lots on offer, of which ...

Coloured gemstone mining and marketing company Fura Gems received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (MIREM) for the acquisition of a ruby licence, the ...

More than 100 Mozambicans filed a case in London alleging “serious human rights abuses” at Gemfields Plc’s ruby mine in the southern African nation, according to their lawyers. Leigh Day, the ...