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Gemfields earns $69.5m from latest ruby auction

By:  
Creamer Media Contributing Editor Online
 
GEMSTONES
Ruby and emerald miner Gemfields has announced that total auction revenues of $69.5-million were accrued after selling all 97 lots, comprising 239 591 ct of ruby, offered for sale at its latest auction of mixed-quality rough rubies. The average realised price of the rubies was $290.02/ct.
 
 
 
 
 

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