Today, the Montepuez ruby mine in Cabo Delgado province covers 33,600 hectares of one of the most significant ruby deposits in the world. Gemfields owns 75% of Montepuez Ruby Mining Limitada (“MRM”). The remaining 25% is owned by Mwiriti Limitada, a local Mozambican company.
Since operations began in 2012, Gemfields has established world-leading facilities and transformed the communities that surround it. MRM provides employment (both direct and via contractors) to 1,400 people, 95% of whom are Mozambican nationals.