Editor’s Note
This article is based on official government budget forecasts indicating Mozambique’s ruby production is projected to rise to over 4 million carats in 2026, driven by the resumed operations of a key mining company.

According to Government data, Mozambique expects to increase ruby production by 3% in 2026, to more than four million carats, with the resumption of activities by one of the companies operating in the country.
In the budget forecasts for next year, the Government states it expects total production of 4,062,546 carats, compared with the 3,944,219 carats expected for this year and the 3,946,506 produced in 2024.
states the Ministry of Finance document.
Around 70% of this production is currently for export, which the Government intends to raise to 79% by 2029.
Revenues from ruby exports fell 30% in the first quarter of the year, year-on-year, to US$5.1 million (€4.4 million), according to previous data from Mozambique’s central bank.
This performance compares with US$7.2 million (€6.3 million) from January to March 2024, still according to the most recent statistical report on exports.
Gemfields has already postponed to early 2026 the ruby auction from the Mozambican Montepuez mine, citing the impacts of the daily “sabotage” by hundreds of illegal miners in the new unit under construction in that area of Cabo Delgado.
In a statement released in October, the company, which leads Montepuez Ruby Mining (MRM), said:
Gemfields explained that the operation of the new plant:
The same text reads:
MRM expects to triple processing at the ruby mine in northern Mozambique to 600 tonnes per hour, a Gemfields source told Lusa in June. Gemfields holds 75% of MRM – with a concession area of 34,966 hectares – with the remaining 25% held by the Mozambican company Mwiriti, in an investment of US$70 million (€59.8 million).
Gemfields, which owns and operates the mine, acknowledged at the time that construction of the second ruby processing unit, designated PP2, at MRM, represented:
The second unit also leaves open the possibility of expansion “to other mining areas” within MRM’s concession, which currently employs 1,300 workers, 94% of whom are Mozambican.