Rough red rubies of varying sizes displayed on a light surface during a gemstone grading or auction inspection.

Mozambique Ruby Auction Brings Gemfields $23.1 Million

London-based mining company Gemfields earned 23.1 million US dollars from an auction of mixed-quality rough ruby held between 22 and 29 June 2026, according to AllAfrica, citing the Mozambican news agency AIM. The stones were mined in Montepuez district, in the northern province of Cabo Delgado. Gemfields is a gemstone mining company listed on London’s […]

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