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ruby
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
faberge
Fabergé Shows ‘Encouraging’ Growth
Fabergé, the famed jewelry brand owned by Gemfields, recorded a 63% jump in unitsales during the third fiscal quarter, as the miner expanded its marketing efforts for the luxury business division.The number of actual sales...
Retail May 16, 2017 Rapaport News
faberge
Gemfields Emerald Production Slumps
Gemfields said production of emerald and beryl dropped 43percent in the final three months of last year as the company mined alower-grade zone of its Kagem deposit in Zambia.Output fell to 4.7 million carats in the second quarter...
Mining Feb 14, 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
Gemfields emeralds
Gemfields Boosted by Rising Emerald Demand
Gemfields’ revenue and profit surged in the past fiscalyear, driven by record prices and successful marketing campaigns to raisedemand for the colored gemstones.Sales jumped 13 percent to $193.1 million and profit aftertax soared 90 percent to $23.5...
Gemstones Sep 26, 2016 Rapaport News
ruby
Gemfields Ramps Up Ruby Output
Gemfields’ rough ruby and corundum production exceededthe company’s guidance in the past fiscal year as output from its Montepuezmine in Mozambique jumped 23 percent.Production of 10.3 million carats in the 12 months toJune 30 was above the miner’s...
Gemstones Aug 01, 2016 Rapaport News
ruby
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
emeralds
Gemfields Sells Emeralds at Record Average Price in Zambia Auction
Gemfields achieved a record average price for“higher-quality” rough emerald at an auction in Lusaka, Zambia.The miner sold 470,000 carats for an average of $70.68 percarat at the sale in Lusaka, which ran from March 30 to April 3. Total revenue generatedwas...
Gemstones May 05, 2016 Rapaport News
Buyers at Gemfields Auction
Gemfields’ 1H Revenue -9%, Profit Slumps 65%
Gemfields reportedrevenue dropped 9.1 percent year on year to $94 million in the first half thatended December 31. Profit after tax dived 65 percent to $8.2 million.Emerald and beryl production from the Kagem mine in Zambiasurged...
Gemstones Feb 22, 2016 Rapaport News
Gemfields
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
Gemfields’ 1Q Emerald and Beryl Production Jumps 10%, Ruby and Corundum Plummet 83%
Colored gemstone miner Gemfields reported emerald and berylproduction from its Zambian subsidiary Kagem Mining Limited jumped to 7.5 million carats in the first quarter to September 30, a 19 percentsurge from a year ago. The average...
Gemstones Nov 18, 2015 Rapaport News
Gemfields
Gemfields First Ruby Auction Achieves $34M
Gemfields Plc reported that its inaugural auction of ruby and corundum from its 75 percent owned Montepuez ruby deposit in Mozambique achieved $33.5 million or an average $18.43 per carat. The auction took place in Singapore...
Gemstones Jun 18, 2014 Deena Taylor
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