360° Mozambique
360° Mozambique
June 17, 2025 at 01:33 PM
*Montepuez Ruby Mining to Triple Processing Capacity with $70 Million Investment* Montepuez Ruby Mining (MRM) plans to triple its ruby processing capacity at its mine in Cabo Delgado, in northern Mozambique, increasing from the current 200 to 600 tons per hour, according to a source from Gemfields cited by the Lusa agency on Tuesday, June 17. The project involves a total investment of around 4.9 billion meticais (70 million dollars), excluding taxes and fees. https://360mozambique.com/business/mining/montepuez-ruby-mining-to-triple-processing-capacity-with-70-million-investment/?utm_source=whatsapp

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