Gemfields says unrest could disrupt Mozambique ruby mine
Gemfields said in a statement that "groups associated with the illegal mining and trading of rubies have taken advantage of the political unrest".
ArcelorMittal South Africa (Amsa) is on target to complete the due diligence being carried out on a potential new iron ore mine in the Northern Cape by September.
Amsa CEO Nonkululeko Nyembezi-Heita told investors at a presentation of the group’s interim results for the six months to end-June in Sandton on Wednesday that once the due diligence was completed further drilling would be carried out and a feasibility study undertaken.
