Gemfields Group Limited has shared the results of its most recent mixed-quality rough ruby auction, which took place from November 25 to December 11, 2024. The event generated $46.2 million in revenue, with 97 of the 102 available lots (totaling 167,865 carats) successfully sold, achieving a 95% success rate. While the revenue was lower compared […]

The post Gemfields Mixed-Quality Ruby Auction Yields $46.2 Million appeared first on The Jewelry Magazine.

Prices of rough rubies have more than doubled in the last two years, said Gemfields as it announced results of its latest sealed-bid auctions. The UK-based colored gems miner achieved an average $290 per carat earlier this month, compared to $132 in December 2021. Gemfields sold all 97 lots of mixed-quality rough rubies from the […]

The post Rough Ruby Prices Soaring, says Gemfields appeared first on The Jewelry Magazine.

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. Gemfields is pleased to announce the results of an auction of rough rubies in Singapore from 10 – 14 December 2019. The rough rubies were […]

The post Singapore Ruby Auction Results appeared first on The Jewelry Magazine.

Ressigeac Gems Ltd recently collaborated with the Swiss Gemmological Institute SSEF to launch a mine-to-market initiative aimed at helping increase transparency in the gemstone trade. The project involves documenting the journey of a coloured gemstone from mine to market – a procedure resulting in a new type of document provided by the Swiss laboratory. Ressigeac […]

The post Ressigeac Gems unveils pilot mine-to-market project appeared first on The Jewelry Magazine.