Message Lun 7 Sep 2015 11:35

Auction Singapore

The auction of rough amethyst from Kariba Minerals, in which Gemfields has a 50% interest, was the first to be held in Singapore - the previous two were in Jaipur in March 2011 and Lusaka in February 2015.

The amethyst sale generated revenues of US$0.44 million from 10.1 million carats sold.

The overall average value realised of 4.32 US cents per carat was an increase of a whopping 144% compared to the 1.77 US cents per carat realised in the February 2015 auction, Gemfields noted.