News and Announcements

Record Emerald Auction Results

Gemfields is pleased to announce the results of an emerald auction comprised of higher-quality rough emeralds held during the period 15 May – 1 June 2023.

Highlights: June 2023 Higher-Quality Emerald Auction

  • Total auction revenues of USD 43.7 million, an all-time revenue record for any Kagem emerald auction
  • 35 lots were offered for sale, of which 35 were sold (100%)
  • Average realised price of USD 165.55 per carat, an all-time record for any Gemfields emerald auction
  • All-time record for price-per-carat paid for a single auction lot
  • The 45 auctions of Kagem gemstones held since July 2009 have generated USD 964 million in total revenue