Mercuria eyes equity in African assets, new metals boss says
“You will see us very present in Africa and putting our money where our mouth is in respect of the Copperbelt,” Kostas Bintas said.
The world’s biggest ruby mine, Gemfields’ Montepuez operation in northern Mozambique, has reported an outbreak of coronavirus.
The company had already placed the operation under care and maintenance in April due to the pandemic, and on July 12 “a few” employees carrying out critical work tested positive, Gemfields said in an emailed statement Tuesday.
Most were asymptomatic and are in self-isolation, the company said.
Montepuez, the world’s richest known ruby deposit, is located in the impoverished northern Cabo Delgado province. The region is at the epicenter of Mozambique’s covid-19 outbreak. The pandemic is another setback for the province, following an increase in attacks by insurgents linked to Islamic State.
(With files from Reuters)
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