Month

June 2018

Singapore Ruby Auction Results

Pallinghurst is pleased to announce the results of an auction of rough rubies held by its 100% owned subsidiary, Gemfields Ltd (“Gemfields”) in Singapore from 5 – 9 June 2018. The rough rubies were extracted from the licence held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada.