Mustang closes Mauritius sales office, opens Thailand facility as part of new marketing process

ASX-listed Mustang Resources on Tuesday announced that it was changing its ruby sales and marketing approach for rubies sourced from its Montepuez ruby project, in Mozambique. It would close its sales facility in Mauritius, as these were designed for large-scale auctions, which were no longer suitable, given Mustang’s current production levels, said Mustang MD Dr Bernard Olivier.