MRM

Gemfields is pleased to announce the results of a mini-auction of Mozambican rough rubies from Montepuez Ruby Mining (“MRM”) held via online bidding after viewings in Bangkok, Thailand from 29 September to 3 October 2025. Highlights: Mini Mixed-Quality Ruby Auction – September – October 2025 Auction revenues of USD 11.0 million 26 of the 33 lots on offer were sold 62% of the 297,449 carats on offer were sold Average realised price of USD 59.43 per carat

Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 2 – 13 June 2025. Highlights – Mixed-Quality Ruby Auction – June 2025 Total auction revenues of USD 31.7 million. 78 of the 90 lots offered for sale were sold (87%). 99,830 carats were offered for sale with 68,705 carats sold (69%). Average sales price of USD 461.48 per carat. The auction included rubies from a newer area of MRM which previously hasn’t been represented at auction in meaningful quantities, including a notable 36-carat ruby (pictured below) which sold well, becoming the third-most-valuable single-gemstone lot in MRM’s history. This auction follows a mini-auction of predominantly small-sized gemstones held in April 2025 that achieved auction... Read More →

Gemfields is pleased to announce the results of a mini auction of Mozambican rough rubies from Montepuez Ruby Mining (“MRM”) held in Bangkok, Thailand from 21 to 25 April 2025. Highlights – Mini MRM Ruby Auction – April 2025 Auction revenues of USD 7.2 million 20 of the 21 lots on offer were sold 72.8% of the 250,004 carats on offer were sold Average sales price of USD 39.47 per carat

Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 25 November – 11 December 2024. Highlights: December 2024 Mixed-Quality Ruby Auction Total auction revenues of USD 46.2 million. 97 of the 102 lots offered for sale (comprising 167,865 carats) were sold (95%). A lower quantity of ‘premium’ rubies on offer was the key driver of the lower auction revenues. Average price per carat reached a record high for our mixed-quality ruby auctions, while observing some softer prices and thinner bidding. Mining operations in Mozambique remain unaffected by ongoing civil unrest following the contested election.