Gemfields Group (PLLHF) has released an update.
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Gemfields Group has reported robust sales from its June 2024 mixed-quality ruby auction, generating a striking USD 68.7 million with a 97% sell-through rate of the offered lots. The average price per carat hit a notable USD 316.95, reflecting strong market confidence and marking a decade since the company’s inaugural Montepuez Ruby Mine auction. These results contribute to the cumulative USD 1.12 billion revenue from MRM gemstone auctions since June 2014.
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