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…...
Latest Headlines
- At least one killed in insurgent bus ambush outside Mocímboa da Praía
- Mozambique looks to methanol to use domestic gas allocation
- Zitamar Daily Briefing, 23 June
- TotalEnergies to assess “safety conditions” in Cabo Delgado by end of 2022
- New head for Mozambique petroleum regulator as first LNG cargo nears
- Zitamar Daily Briefing, 22 June
- Insurgent attacks intensify in Ancuabe district of Cabo Delgado
- Zitamar Daily Briefing, 21 June