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IN BRIEF: Gemfields reports strong showing at recent emerald auction

7th Dec 2021 12:31

Gemfields Group Ltd - London-headquartered gemstones supplier - Reports results of five sequential mini-auctions held from start of November to December 6. Total auction revenue of USD37.8 million was recorded, an all-time record for Kagem auctions, and all 32 lots offered were sold. Average price was USD150.65 per carat, another record.

Current London stock price: 14.13 pence, up 6.6% on Tuesday

Year-to-date change: doubled from 6.75p at end of 2020

Current Johannesburg stock price: ZAR2.81, up 2.6% on Tuesday

Year-to-date change: doubled from ZAR1.35 at end of 2020

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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