Record Emerald Auction Results
Date27 May 2022
Gemfields is pleased to announce the results of a record-breaking emerald auction comprising a series of five sequential mini-auctions held during the period 9 – 26 May 2022. The auction contained a selection of grades that are typically offered at Kagem Mining Ltd’s (“Kagem”) auctions of higher quality emeralds as well as one special piece. The auction lots were made available for in-person and private viewings by customers in Bangkok, Thailand. Following the viewings, the bidding took place via an online auction platform specifically adapted for Gemfields which permitted customers from multiple jurisdictions to participate in a sealed-bid process.