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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
- Gemfields To Delist From Bermuda Stock Exchange Due To AIM Listing
28 Apr 2020 - UK WINNERS & LOSERS SUMMARY: CRH And Fevertree Rise As Payouts Proceed
22 Apr 2020 - Gemfields Halts Buyback As Ruby Mine Operations Suspended
22 Apr 2020 - Gemfields suspends share buyback programme amid Covid-19
22 Apr 2020 - Gemfields Hails "Record" 2019 But Expects Coronavirus Hit In 2020
6 Apr 2020 - Six Gemfields Auctions Set To Be Cancelled Amid Travel Restrictions
30 Mar 2020 - Gemfields Delays 2019 Audited Results Due To Covid-19 Uncertainty
26 Mar 2020 - Gemfields Swings To Profit In 2019 But Future Outlook Uncertain
24 Mar 2020
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* Mozambique pushing for local processing, joining African peers
Gemfields Grou. News
Gemfields To Delist From Bermuda Stock Exchange Due To AIM Listing
Gemfields To Delist From Bermuda Stock Exchange Due To AIM Listing
UK WINNERS & LOSERS SUMMARY: CRH And Fevertree Rise As Payouts Proceed
UK WINNERS & LOSERS SUMMARY: CRH And Fevertree Rise As Payouts Proceed
Gemfields Halts Buyback As Ruby Mine Operations Suspended
Gemfields Halts Buyback As Ruby Mine Operations Suspended
Gemfields suspends share buyback programme amid Covid-19
(Sharecast News) - Gemfields said on Wednesday that its share buyback programme has been suspended and that all UK staff, including the board of direc...
Gemfields Hails "Record" 2019 But Expects Coronavirus Hit In 2020
Gemfields Hails "Record" 2019 But Expects Coronavirus Hit In 2020
Six Gemfields Auctions Set To Be Cancelled Amid Travel Restrictions
Six Gemfields Auctions Set To Be Cancelled Amid Travel Restrictions
Gemfields Delays 2019 Audited Results Due To Covid-19 Uncertainty
Gemfields Delays 2019 Audited Results Due To Covid-19 Uncertainty
Gemfields Swings To Profit In 2019 But Future Outlook Uncertain
Gemfields Swings To Profit In 2019 But Future Outlook Uncertain
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