Gemfields discovers exceptionally rare pair of matching Mozambican rubies, totalling 45 carats
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Date09 Jun 2015
Tuesday 9th June, London, UK – Gemfields, the world’s leading supplier of responsibly sourced coloured gemstones, has discovered an exceptionally rare pair of matching rubies from its Montepuez ruby mine in Mozambique.
Jaipur Auction Results
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Date23 Apr 2015
Gemfields plc (AIM: GEM) is pleased to announce the results of its auction of predominantly lower quality rough ruby and corundum extracted by Montepuez Ruby Mining Limitada (in which Gemfields has a 75% interest) from the Montepuez ruby deposit in Mozambique. The auction was held in Jaipur, India from 17 to 22 April 2015.
Montepuez Ruby Mining Analysts Presentation
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Date17 Apr 2015
Presentation for analysts regarding Montepuez Ruby Mining
Completion of acquisition of additional ruby licences in Mozambique
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Date16 Dec 2014
Further to the announcement made on 7 December 2012, Gemfields plc, (AIM: GEM) is pleased to announce the completion of its acquisition of controlling interests in two additional ruby deposits in the Montepuez district of the Cabo Delgado province in Mozambique (the “Megaruma Licences”).
Pallinghurst pleased with Gemfields’ R500M record sales from its ruby auction
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Date10 Dec 2014
Pallinghurst is pleased that Gemfields has announced sales of almost R500 million from its higher quality rough ruby auction in Singapore. The key highlights were: Auction revenues of US$43.3 million, the highest ever achieved at any Gemfields auction. Average realised price of US$689 per carat, the highest ever achieved at any Gemfields auction. In total, 62,936 carats sold. The two Montepuez auctions held since June 2014 have generated US$76.8 million in aggregate revenues. The auction revenue of US$43.3 million includes the successful sale of an exceptional 40.23 carat rough ruby from Montepuez. Pallinghurst owns a 48% interest in Gemfields.
Results – Singapore Rough Ruby Auction
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Date09 Dec 2014
Gemfields plc (AIM: GEM) is pleased to announce the results of its auction of predominantly higher quality rough ruby extracted by Montepuez Ruby Mining Limitada (in which Gemfields has a 75% interest) from the Montepuez ruby deposit in Mozambique. The auction was held in Singapore from 3 to 8 December 2014 and marked Gemfields’ second auction of rough ruby.