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Auction Results: Higher-Quality Emeralds | Company Announcement

Gemfields earns $35m from May auction of higher-quality emeralds

Miner and coloured gemstones marketer Gemfields Group earned total revenue of $35-million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds sold were extracted by Kagem, which is 75%-owned by Gemfields and 25% by the Industrial Development Corporation of Zambia.

Gemfields Group (LON:GEM) Shares Pass Below 200-Day Moving Average of $12 58

Gemfields Group Limited (LON:GEM – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 12.58 ($0.16) and traded as low as GBX 12.30 ($0.16). Gemfields Group shares last traded at GBX 12.30 ($0.16), with a volume of 6,392 shares […]

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