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gemfields

Gemfields's emerald mini-auctions generate revenue of $10.88m

11th December 2020

By: Creamer Media Reporter

     

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Gemstone miner Gemfields earned revenue of $10.88-million from five mini-auctions of emeralds mined at its Kagem mine, in Zambia.

The mini-auctions were held between November 2 and December 11, with 28 lots on offer and 46 companies placing bids.

Eighty per cent of the carats offered were sold, with an overall average value of $59.84/ct.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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