Message Ven 17 Déc 2021 10:54

Gemfields Says Kagem Emerald Auction Generated Record Revenu

Gemfields Group Ltd. said Tuesday that it generated $37.8 million of revenue at the latest auction of emeralds from its Kagem mine in Zambia, an all-time record.

The mining company said all lots and carats were sold, achieving a record average price of $150.65 per carat.

The auction was held between Nov. 1 and Dec. 6, and brings calendar-year auction revenue for Kagem to $92.3 million.

Gemfields owns 75% of Kagem Mining Ltd.

Shares in Gemfields at 0927 GMT were up 3.8% at 13.75 pence. ... 1638869532