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Share Price Information for Gemfields Grou. (GEM)
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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 Makes USD14.5 Million From Latest Emerald, Beryl Auction
2 Mar 2015 - Gemfields Emerald, Ruby Production Up, But Faberge Takes Hit
17 Feb 2015 - Gemfields unearths rare 40.23-carat ruby in Mozambique
26 Nov 2014 - Friday broker round-up:
14 Nov 2014 - Gemfields Produces Less At Lower Grade And Higher Price In Quarter
14 Nov 2014 - UK BROKER RATINGS: Shore Capital Initiates TSB With Buy
14 Nov 2014 - UK BROKER RATINGS: UBS Upgrades ARM Holdings To Buy From Neutral
22 Oct 2014 - Tuesday broker round-up UPDATE
23 Sep 2014
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Gemfields Grou. News
Gemfields unearths rare 40.23-carat ruby in Mozambique
Nov 26 (Reuters) - British precious stones miner Gemfields Plc said it had found a 40.23-carat rough ruby at its Montepuez deposit in Mozambique, and ...
Friday broker round-up:
TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Ag...
Tuesday broker round-up UPDATE
AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces targ...
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