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Intraday Gemfields Grou. Share Chart
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 swings to first-half loss
26 Sep 2025 - LONDON MARKET OPEN: European stocks rise ahead of US inflation data
26 Sep 2025 - Gemfields shares dive in London after disappointing interim results
26 Sep 2025 - Gemfields warns of interim loss as auction revenue falls sharply
23 Sep 2025 - UK earnings, trading statements calendar - next 7 days
19 Sep 2025 - Gemfields upbeat on improved auction results
12 Sep 2025 - LONDON MARKET OPEN: Stocks largely up after strong week; pound down
12 Sep 2025 - IN BRIEF: Gemfields emerald revenue up sharply after September auction
12 Sep 2025
Related News
Mozambique tightens grip on mining with 15% state stake rule, local processing
* Mozambique pushing for local processing, joining African peers
Latest Gemfields emerald auction generates $26.8m
(Sharecast News) - Gemfields said on Friday that its latest auction of higher-quality emeralds generated $26.8m, with demand described as stable but c...
Gemfields Grou. News
Gemfields swings to first-half loss
(Sharecast News) - Gemfields Group slumped on Friday as it confirmed it swung to a loss in the first half, pointing to production difficulties at both...
LONDON MARKET OPEN: European stocks rise ahead of US inflation data
(Alliance News) - European stocks rounded off the week in the green on Friday, as US President Donald Trump introduced 100% tariffs on pharmaceutical ...
Gemfields shares dive in London after disappointing interim results
(Alliance News) - Gemfields Group Ltd on Friday described its interim financial performance as "disappointing", after incurring a loss due to a slump ...
Gemfields warns of interim loss as auction revenue falls sharply
(Alliance News) - Gemfields Group Ltd reported on Tuesday it expects to swing to loss in the first half of 2025 due in part to a slump in auction reve...
Gemfields upbeat on improved auction results
(Sharecast News) - Gemfields announced on Friday that it had raised $32m from a sale of higher-quality rough emeralds, marking a strong return to the ...
LONDON MARKET OPEN: Stocks largely up after strong week; pound down
(Alliance News) - Stock prices in Europe opened largely higher on Friday, looking set to round off a positive week for equities with another gain.
IN BRIEF: Gemfields emerald revenue up sharply after September auction
Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Generates revenue of USD32.0 million at an emerald auction held between ...
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