The largest and most expensive ruby of its kind, a 55.22-carat specimen, sold at auction for $34.8 million on Thursday. Less than a year after being found in one of the company's mines in Mozambique ...

MONTEPUEZ, Mozambique — Deep inside a forest, sweating men haul earth out of rough excavation holes and carry it in bags on their backs to a stream. Then they sift for the small, red stones that could ...

Mozambique is expected to have its new mineral regulations in place before year-end. Read on page 18 of this edition of Mining Weekly of Mineral Resources Ministry permanent secretary Alfredo Nampete ...

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