Pallinghurst Resources, the main shareholder in Gemfields, the company operating the Montepuez ruby mine in northern Mozambique and the Kagem emerald mine in Zambia, wants to buy 100% of Gemfields to make it more profitable. Pallinghurst, a private equity investment company whose biggest shareholder is South African retail magnate Christo Weise, sold the Kagem emerald…...
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