FAIRTRADE MINING LTD Competitors

One person in three in the world lives in poverty. Oxfam is determined to change that world by mobilizing the power of people against poverty. Around the globe, Oxfam works to find practical, innovative ways for people to lift themselves out of poverty and thrive. We save lives and help rebuild livelihoods when crisis strikes. And we campaign so that the voices of the poor influence the local and global decisions that affect them. In all we do, Oxfam works with partner organizations and alongside vulnerable women and men to end the injustices that cause poverty. Follow us on Twitter @Oxfam, @Oxfam_es, @Oxfam_fr. facebook.com/oxfam instagram.com/oxfaminternational Read more at www.oxfam.org.

Montepuez Ruby Mining (MRM) is a Mozambican company developing operations at the Montepuez ruby deposit, located in the northeast of Mozambique in the Cabo Delgado province. Covering approximately 33,600 hectares, it is believed to be the most significant recently discovered ruby deposit in the world. MRM is 75% owned by Gemfields, and 25% by Mwiriti, a Mozambican company. A world leading supplier of responsibly sourced coloured gemstones, MRM aims to emulate values of Gemfields and operate in a way that contributes positively to the national economy while taking a leading role in modernising the coloured gemstone sector. We believe that coloured gemstones should be mined and marketed by championing three key values - legitimacy, transparency and integrity. More than being just a mining company, MRM invests in preservation of environment, health, education and livelihood projects tailored to the needs of the community, and with extensive consultation with the government authorities and the community around Namanhumbir and Montepuez. In practice this means building schools, a mobile clinic, upgrading utilities, roads and bridges, providing start-up funds, project and financial management expertise, helping to set up farming associations and facilitating training, all with a view to benefiting the community with new alternative sustainable sources of income.

The Minerals Council of Australia (MCA) is the peak industry body of Australia’s exploration, mining and minerals processing industry. It represents the minerals industry, both nationally and internationally, in advancing its contribution to sustainable development and to society. MCA member companies account for more than 85 per cent of Australia’s annual mineral production and more than 90 per cent of mineral export earnings.