IlluMyFi

Gemfields makes decision over ruby mining after groups ‘took advantage’ of situation to try to invade its site

The London-listed mining company Gemfields said it had temporarily halted its ruby mining operation in Mozambique after groups “took advantage” of political unrest to set fire and attempt to invade its site, resulting in two fatalities.

Gemfields, one of the world’s largest miners of coloured gemstones, said that more than 200 people associated with illegal ruby mining attempted to invade the residential village built by the company next to its Montepuez Ruby Mining (MRM) operation in northern Mozambique on Christmas Eve.

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-0.98

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28.12.24 12:00

by theguardian.com

Trump versus trade: the global economic outlook for 2025 in five charts

Unpredictable change will sweep through America, while old problems, from war to inflation, are likely to afflict other countries

The global economy is entering the new year with rising geopolitical tensions looming over its prospects, as the world’s leading central banks attempt to cut interest rates after the worst inflation shock in decades.

Donald Trump’s second term in the White House is expected to dominate the economic agenda. Global trade tensions are on the horizon as the president-elect threatens to impose sweeping tariffs on US imports.

United States of America