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Polished Markets
London to Host Ethical-Gemstone Fair 150
Ethically Sourced Gem Fair Comes to UK
Three UK suppliers are collaborating on a one-day fair inLondon that will feature only ethically sourced and traceable gemstones forpurchase by jewelry designers. Stuart Pool of Nineteen48, KathyChappell of Fair Trade Gemstones and Ian Bone of Queensland,Australia-based...
Polished Markets Feb 18, 2018 Rapaport News
World Ruby Forum 2017
Thailand Hosts World Ruby Forum
Gemologistsfrom around the world gathered at the World Ruby Forum in Bangkok on Saturday, whereleading industry figures spoke about supply, marketing and certification of thered gemstone.The forum —a showcase for rubies manufactured in Thailand — was in line...
Gemstones Nov 05, 2017 David Brough
Gemfields Sets $55M Auction Record
Gemfields recorded its highest auction total as it sold$54.8 million worth of rubies and corundum in Singapore last week.The sale fetched an average of $61 per carat for895,848 carats, out of just over 1 million carats that were...
Gemstones Jun 19, 2017 Rapaport News
Rough emerald
Gemfields Sales Dented by India Liquidity Slump
Gemfields’ half-year revenue plummeted 46 percent as thecompany deferred an auction of higher-quality rough emeralds due to tighterliquidity in India.Sales fell to $51 million in the fiscal first half thatended December 31, 2016, the colored-gemstone miner said last...
Gemstones Feb 26, 2017 Rapaport News
Gemfields rubies
Gemfields Sees Robust Demand at Ruby Auction
Gemfields sold $30.4 million worth of rubies and corundum atan auction in Singapore last week as prices indicated a healthy market for gemstones.The company sold 1.1 million carats, out of a total 1.4 million carats offered...
Gemstones Dec 22, 2016 Rapaport News
Christies HK blue Nov 2016
Blue Diamond Tops Billing at Christie’s Hong Kong
Christie’s sales totaled $79 million (HKD 611 million) at its Hong Kong jewelry auction on Tuesday, with a colored diamond leading the eventyet again.A marquise-cut, 4.29-carat, fancy vivid blue, internallyflawless diamond ring fetched...
Polished Markets Nov 30, 2016 Rapaport News
Gemfields Ruby Sale Fetches $44M
Gemfields said it islaunching a campaign to market rubies from Mozambique after the company reportedits largest sale to date for stones from the country’s Montepuez mine.The miner sold $44.3 million of rough rubies and corundum...
Gemstones Jun 20, 2016 Rapaport News
Christie's Jubilee Ring ruby and diamond
Christie’s to Auction 16-Carat Ruby and Diamond Ring
Christie’s will auction a ruby and diamond ring for anestimated $12 million to $15 million at its Magnificent Jewels sale in New Yorkon April 20. The oval-shaped, 15.99-carat 'Jubilee Ruby' within a circular-cutdiamond and polished...
Retail Mar 24, 2016 Rapaport News
Gemfields’ 2Q Emerald and Beryl Production +41%
Gemfields reported emerald and beryl production from the Kagem mine inZambia surged 41 percent year on year to 8.2 million carats in the secondquarter that ended December 31. Ruby and corundum output from the...
Gemstones Feb 17, 2016 Rapaport News
Gemfields Achieves Average Price of $318/ct at Ruby Auction
Gemfields plcreported revenue of $28.8 million from an auction of higher- and medium-qualityrough rubies from the Montepuez ruby deposit in Mozambique.The company achieved an average price of $318 per carat, selling 90,642out of 92,136 carats, or 45 out of 49 lots,...
Gemstones Dec 21, 2015 Rapaport News
Labs Agree on Criteria for ‘Pigeon Blood Red’ and ‘Royal Blue’ Terms
Switzerland’scolored-stone testing laboratories Gübelin Gem Lab and Swiss Gemmological Institute SSEF haveagreed on standard criteria for using the ‘pigeon blood red’ and ‘royal blue’ termsas an increase in their usage had led to ambiguity...
Gemstones Nov 05, 2015 Rapaport News
Sotheby's Hong Kong
Sotheby's Hong Kong Jewelry Auction Garners $8M
Sotheby's Hong Kong fine jewels and jadeite auction achieved $7.9 million and was 87 percent sold by lot. The final sales figure was at the lower end of a presale estimate of $7.5 million to $9.3 million....
Retail Dec 03, 2014 Ronen Shnidman
Mila Kunis
Gemfields' 3Q Kagem Production -45%
Gemfields reported that emerald and beryl production at its Kagem mine in Zambia dropped 45 percent year on year to 3.6 million carats during the third quarter that ended on March 31, with the decline in output...
Gemstones May 04, 2014 Deena Taylor
Emerald rough
Custodians of Color
Gemfields makes no secret of its ambition to be the custodian of the colored gemstones industry. With its emerald and ruby mining operations at the core of its business, the company has aggressively built a marketing platform to drive...
Gemstones Apr 25, 2014 Avi Krawitz
red emperor
Sotheby's HK Magnificent Jewels Sale Targets $99M
Sotheby’s Hong Kong will host its sale of magnificent jewels and jadeite on April 7, featuring 320 lots and a presale estimate of $99 million (HKD 775 million). Sotheby's will exhibit the jewels from April...
Gemstones Mar 20, 2014 Jeff Miller
Hong Kong March Show
Strong Demand in HK for Top Quality Gems
Despite worldwide market instability, Hong Kong’s export growth has continued its double-digit increases. According to government figures for 2013, exports of loose pearls and gemstones totaled $16.6 billion, an increase of nearly 12 percent over...
Gemstones Mar 04, 2014 Nancy Sindt
true north gems
Greenland Awards 30-Year License to True North Gems
True North Gems Inc. was awarded an exclusive 30-year mining license for the Aappaluttoq ruby deposit in southwestern Greenland. "Today marks the culmination of our exploration, delineation and major permitting activity. Since 2004...
Gemstones Mar 03, 2014 Jeff Miller
Mila Kunis
Gemfields' 1H Revenue Soars, Profit Declines
Gemfields plc reported that its revenue soared 137 percent year on year to $65.7 million during the six months that ended on December 31, 2013. The company attributed the rise to strong demand at its...
Gemstones Mar 03, 2014 Deena Taylor
true north gems
True North Gems to Raise Funds With Private Placement
True North Gems Inc. will conduct a non-brokered private placement under which it intends to issue up to 16,666,667 units at a price of 9 cents each for gross proceeds of up to $1.5 million. Each unit will include one common share...
Financial-Legal Dec 27, 2013 Jeff Miller
Tiancheng Intl. Holds Its Fine Jewelry, Jadeite Auction on Dec. 8
Tiancheng International will hold its jewelry and jadeite autumn auction on December 8 in Hong Kong, following previews from November 22 to 28. The sale will showcase more than 280 items with a presale total of about...
Gemstones Nov 12, 2013 Jeff Miller
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