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Gemfields News 2018 Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/gemfields-news-2018/ Latest Jewelry News From All Around The World Mon, 18 Jun 2018 07:54:32 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Gemfields nets record US$72m at ruby auction https://www.thejewelrymagazine.com/gemfields-nets-record-us72m-at-ruby-auction/ https://www.thejewelrymagazine.com/gemfields-nets-record-us72m-at-ruby-auction/#respond Mon, 18 Jun 2018 07:54:32 +0000 http://www.thejewelrymagazine.com/?p=8564

Coloured gemstone specialist Gemfields sold US$72 million worth of rough rubies at an auction in Singapore, representing an all-time record for the company. Gemfields, a 100-percent owned subsidiary of Pallinghurst, offered a total of 86 lots of Mozambique rubies, of which 82 were auctioned off. The average price was pegged at US$122 per carat, a […]

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