{"id":27005,"date":"2022-09-29T15:39:22","date_gmt":"2022-09-29T15:39:22","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars"},"modified":"2022-09-29T15:51:07","modified_gmt":"2022-09-29T15:51:07","slug":"gemfields-auction-raises-4-2-million-dollars","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars","title":{"rendered":"Gemfields auction raises 4.2 million dollars"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction of predominantly commercial-quality sapphire, corundum, and low-quality ruby held from 19 September to 23 September 2022. In total, 3.6 tonnes of material (18.1 million carats) were sold.<\/p>\n

The gems were mined in the northern Mozambican district of Montepuez by Montepuez Ruby Mining Limitada (MRM), which is 75 per cent owned by Gemfields and 25 per cent by Mwiriti Limitada.<\/p>\n

According to Adrian Banks, Gemfields\u2019 Managing Director of Product & Sales, \u201cthe buoyant conditions prevailing in the coloured gemstone market made this an excellent time to sell several years of accumulated MRM commercial-quality inventory\u201d.<\/p>\n

He added, \u201cwe thank and congratulate the government of Mozambique and our partners at Mwiriti \u2013 both of whom attended the auction \u2013 on what are very healthy results for material of this quality\u201d.<\/p>\n

Gemfields stressed that \u201cthe proceeds of this auction will be fully repatriated to MRM in Mozambique, with all royalties due to the government of the Republic of Mozambique being paid on the full sales prices achieved at the auction\u201d.<\/p>\n

Montepuez Ruby Mining (MRM) holds a 25-year concession on an area of 340 square kilometres in Montepuez, in Cabo Delgado province. Since 2014, over 830 million dollars have been raised from the auction of rubies and other gems from the mine.<\/p>\n

Facebook Post click here<\/b><\/a><\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction of predominantly commercial-quality sapphire, corundum, and low-quality ruby held from 19 September to 23 September 2022. In total, 3.6 tonnes of material (18.1 million carats) were sold. The gems were mined in the […]<\/p>\n","protected":false},"author":84,"featured_media":27004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-27005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nGemfields auction raises 4.2 million dollars - Mozambique<\/title>\n<meta name=\"description\" content=\"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gemfields auction raises 4.2 million dollars\" \/>\n<meta property=\"og:description\" content=\"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-29T15:39:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-29T15:51:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gemfields auction raises 4.2 million dollars\",\"datePublished\":\"2022-09-29T15:39:22+00:00\",\"dateModified\":\"2022-09-29T15:51:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\"},\"wordCount\":234,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\",\"name\":\"Gemfields auction raises 4.2 million dollars - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg\",\"datePublished\":\"2022-09-29T15:39:22+00:00\",\"dateModified\":\"2022-09-29T15:51:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg\",\"width\":900,\"height\":600,\"caption\":\"Gemfields auction raises 4.2 million dollars\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gemfields auction raises 4.2 million dollars\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gemfields auction raises 4.2 million dollars - Mozambique","description":"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars","og_locale":"en_US","og_type":"article","og_title":"Gemfields auction raises 4.2 million dollars","og_description":"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-09-29T15:39:22+00:00","article_modified_time":"2022-09-29T15:51:07+00:00","og_image":[{"width":900,"height":600,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Gemfields auction raises 4.2 million dollars","datePublished":"2022-09-29T15:39:22+00:00","dateModified":"2022-09-29T15:51:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars"},"wordCount":234,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars","name":"Gemfields auction raises 4.2 million dollars - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg","datePublished":"2022-09-29T15:39:22+00:00","dateModified":"2022-09-29T15:51:07+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The London-based mining company Gemfields on Tuesday announced that it has raised 4.2 million US dollars from an auction ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_4-6335bec69c0f8.jpg","width":900,"height":600,"caption":"Gemfields auction raises 4.2 million dollars"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/gemfields-auction-raises-4-2-million-dollars#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Gemfields auction raises 4.2 million dollars"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/27005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=27005"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/27005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/27004"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=27005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=27005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=27005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}