EXPLORATION & DEVELOPMENT

Aussies tap Mozambique rubies

WHILE at a local pub in the city of Montepuez the other week, Metals of Africa managing director Cherie Leden was offered a ruby for US$50,000 – and not a cent less! Welcome to the mini ruby rush now underway in Mozambique.

Michael Quinn
Aussies tap Mozambique rubies

Metals of Africa (MTA) announced early this week it was getting involved in the rush that’s following the big success of AIM-listed Gemfields, with another ASX-listed company Mustang Resources also hopping...

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