Singapore Ruby Auction Results
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Date11 Jun 2018
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.