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Ian Harebottle, entrepreneurial chief executive officer of coloured stone supplier Gemfields (GEM), proclaims the AIM-quoted company is working ‘to create the world’s pre-eminent ruby supply source’ after completing the $3.5 million (£2.25 million) purchase of two additional licences to mine the red gemstones in Mozambique, next to its existing 75%-owned Montepuez ruby deposit.
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