The Nyala ruby mine at Chimwadzulu, Malawi, had been out of production for 2.5 years, as a new long-term lease was negotiated with the Malawian government. This ruby mine has produced rubies for nearly twenty years.

The new lease approved by the government is for ten years, plus an automatic renewal after five years, includes both ruby mining details and community development aspects such as expansion of the local school, building, and funding of a health clinic, and ownership participation by local Malawians, according to Eric Braunwart, president of Columbia Gem House, Vancouver, which owns and operates the mine.

The mine in the southern Africa country was reopened in July and will include a major expansion in production, the mining company said in a statement.

Historically, the Chimwadzulu Hill area production consists of approximately 35% ruby, 30% orange and padparadscha, 25% pink and 15% purple and lavender sapphire colored stones.

“All stones are 100% controlled through mining, cutting, and marketing to assure 100% untreated gemstones,” the mining company said in its statement.

Mine expansion equipment is expected to be in place by November and is anticipated to increase production volume over today’s rate by 20 to 30 times, “making Nyala ruby a significant volume production,” according to the statement.

Source: JCK India

This entry was posted on Friday, August 22nd, 2008 at 7:05 pm