Grizzly Mining says its latest emerald auction raised $48.63m, a record high since the company was founded in 1997. The market for emeralds remains “extremely strong”, it said, after a sealed-bid auction for its mid-high grade rough emeralds held in Dubai during the first week of August. Grizzly produces around 60m carats of emeralds and […]
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]]>Gemfields says it sold rough rubies worth $95.6m at its latest online auction, setting a new company record. The London-based ruby and emerald miner described the results as “glittering”, despite failing to sell a single lot that accounted for almost a quarter of the total weight of rubies sold. The rubies were all extracted by […]
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]]>An impressive 5,655-carat emerald, dubbed the Lion Emerald, was discovered at the Kagem mine in Zambia, colored gemstone specialist Gemfields announced recently. The stone, also known as “Inkalamu,” has remarkable clarity and a perfectly balanced golden green hue, according to the company. Elena Basaglia, Gemfields’ London-based gemmologist, commented, “The discovery of this exceptional gemstone is […]
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