1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Gemfields rakes in $30.4m at latest auction

By:  
Creamer Media Contributing Editor Online
 
GEMSTONES
Aim-listed miner Gemfields has achieved auction revenues of $30.4-million at its latest rough ruby auction from its 75%-owned Montepuez deposit, in Mozambique. Running between December 12 and 16, Gemfields sold 1.09-million carats from the 1.37-million carats on offer, translating to an average realised price of $27.29/ct, the company said in a note.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register