Endeavour Mining targets 200,000 oz/year of gold from Ivory Coast mine
The Lafigue mine began production in early August and is expected to produce between 90,000-100,000 ounces by the end of the year.
About 300 people invaded a pit at the Montepuez ruby mine owned by Gemfields Group Ltd. in northeastern Mozambique on Sunday, chief executive officer Sean Gilbertson said. Two people were shot by police, he said.
A crowd estimated at 500 gathered at a local village later in the evening intending to enter the mine, Gilbertson said by text message. A disinformation campaign circulated earlier that the company “opened its mine for mining by anyone” for 24 hours, he said.
“This campaign is fake” and was promoted by ruby smuggling syndicates, the company said in a statement. “Two people suffered firearm injuries when police responded to escalating aggression.”
The operation supplies about half the world’s rubies, according to the company’s website.
Political tensions have been high in Mozambique since the Oct. 9 general election. Multiple observer organizations have raised questions over the credibility of the nation’s election process.
Opposition leader Venâncio Mondlane, 50, called for street protests on Monday after his legal adviser, Elvino Dias, was gunned down by unknown gunmen.
(By Matthew Hill)
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