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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
- Strong year for Gemfields paves way for once "unthinkable" returns
10 Dec 2021 - IN BRIEF: Gemfields records record revenues after ruby auction
10 Dec 2021 - IN BRIEF: Gemfields reports strong showing at recent emerald auction
7 Dec 2021 - IN BRIEF: Gemfields appoints alternate director to Assore board rep
12 Nov 2021 - IN BRIEF: Gemfields appoints Assore's Patrick Sacco to board
11 Oct 2021 - LONDON BROKER RATINGS: Keppler Cheuvreux raises Pearson to Hold
30 Sep 2021 - IN BRIEF: Christo Wiese resigns from Gemfields board
24 Sep 2021 - Gemfields swings to interim profit on return of mini-auctions
23 Sep 2021
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* Mozambique pushing for local processing, joining African peers
Gemfields Grou. News
Strong year for Gemfields paves way for once "unthinkable" returns
Strong year for Gemfields paves way for once "unthinkable" returns
IN BRIEF: Gemfields records record revenues after ruby auction
IN BRIEF: Gemfields records record revenues after ruby auction
IN BRIEF: Gemfields reports strong showing at recent emerald auction
IN BRIEF: Gemfields reports strong showing at recent emerald auction
IN BRIEF: Gemfields appoints alternate director to Assore board rep
IN BRIEF: Gemfields appoints alternate director to Assore board rep
IN BRIEF: Gemfields appoints Assore's Patrick Sacco to board
IN BRIEF: Gemfields appoints Assore's Patrick Sacco to board
LONDON BROKER RATINGS: Keppler Cheuvreux raises Pearson to Hold
LONDON BROKER RATINGS: Keppler Cheuvreux raises Pearson to Hold
IN BRIEF: Christo Wiese resigns from Gemfields board
IN BRIEF: Christo Wiese resigns from Gemfields board
Gemfields swings to interim profit on return of mini-auctions
Gemfields swings to interim profit on return of mini-auctions
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