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Gemfields first ruby auction generates $33.5 mln
June 18 (Reuters) - Precious stones miner Gemfields Plc said its inaugural ruby and corundum auction held inSingapore generated revenue of $33.5 million.
Gemfields, which mines rubies from its Montepuez deposit inMozambique, said the average realised price was $18.43 per caratfor the auction held during June 12-17.
Aggregate consolidated revenue from rough gemstone sales forthe year ending June 30 now exceeded $143 million, the companysaid. The London-listed miner produces about a fifth of theworld's rough emeralds. (Reporting by Karen Rebelo in Bangalore; Editing by GopakumarWarrier)
Latest GEM News
- CORRECT: Gemfields posts interim auction revenue of USD145 million
31 Jul 2023 - IN BRIEF: Gemfields posts third highest emerald auction revenue
31 Jul 2023 - Gemfields ruby auction revenue up 20% as market fires on all cylinders
21 Jun 2023 - UK shareholder meetings calendar - next 7 days
20 Jun 2023 - IN BRIEF: Gemfields gets record revenue and price at emerald auction
2 Jun 2023 - IN BRIEF: Gemfields records USD21.2 million in revenue at emerald sale
27 Mar 2023 - Gemfields hails 'remarkable' year as profits shine
24 Mar 2023 - Gemfields annual revenue hits record in 2022 on strong gemstone demand
24 Mar 2023
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Gemfields Grou. News
CORRECT: Gemfields posts interim auction revenue of USD145 million
(Correcting that revenue also includes ruby auctions and Faberge; not just emerald auctions.)
IN BRIEF: Gemfields posts third highest emerald auction revenue
Gemfields Group Ltd - London-headquartered gemstones miner and marketer - Records its third highest emerald auction revenue of USD145 million for the ...
Gemfields ruby auction revenue up 20% as market fires on all cylinders
(Alliance News) - Gemfields Group Ltd on Wednesday reported higher revenue at its latest ruby auction as the market fired "on all twelve cylinders".
IN BRIEF: Gemfields gets record revenue and price at emerald auction
Gemfields Group Ltd - London-headquartered gemstones miner and marketer - Second auction in 2023 generates record revenue of USD43.7 million. The emer...
IN BRIEF: Gemfields records USD21.2 million in revenue at emerald sale
Gemfields Group Ltd - London-headquartered gemstones supplier - Says its first emerald auction for 2023 generated revenue of USD21.2 million at a sale...
Gemfields hails 'remarkable' year as profits shine
(Sharecast News) - Faberge owner Gemfields Group reported record revenues on Friday, as trading continued to recover post pandemic.
Gemfields annual revenue hits record in 2022 on strong gemstone demand
(Alliance News) - Gemfields Group Ltd on Friday reported that its performance in 2022 was "remarkable", as the coloured gemstone market returned to no...
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