Gemfields Emerald Auction Fetches $31.6 million

Gemstone mining and marketing company, Gemfields, said it made a record $31.6 million from its auction of rough emeralds held last week in Singapore, adding that it underscores the strong demand for its “ethically sourced” gemstones from its Kagem Mine in Zambia..
On a like-for-like basis, prices have increased 63 per cent to $42.7 per carat among the higher quality stones since December 2010,

Gemfields Emerald Auction Fetches $9.9 Million

Prices for lower-quality rough emeralds nearly tripled during the past year, according to Gemfields Plc., which recently held an auction of the precious gem from its Kagem mine in Zambia. The mining giant’s auction of low quality emeralds from its wholly owned on March 10-14 in Jaipur, India, (where it owns a cutting and polishing facility) took in 77 cents per carat, a 148 percent increase from