Gemfields generates USD58.9 million in revenue from ruby auction
Gemfields generates USD58.9 million in revenue from ruby auction Thu, 8th Apr 2021 16:39 (Alliance News) - Gemfields Group Ltd announced on Thursday that it had generated revenue of USD58.9 million from an online ruby auction, conducted from March 15 to April 8. The London and Johannesburg-listed gemstone supplier said the figure is its third highest auction result to date and saw 52 companies placing bids with 95% of the number of lots being sold. Operations at Gemfields's Montepuez ruby mine in Mozambique were suspended from April 2020 to March 2021, with no revenue realised there for 2020...
Source: lse.co.uk