Gemfields reported that it was possible to receive $ 11.1 million in the auction of rough emeralds commercial quality Kagem Mine (Kagem) and tender the project with high quality amethyst Kariba (Kariba) of the company.
At the auction in Jaipur companies offer 4.05 million carats of emeralds, and 15 19 lots were sold for a total of $ 10.7 million.
The average price per carat from the sale of 3.27 million carats of emeralds was $ 3.28.
However, from 13.6 million carats amethyst 11.6 million carats was implemented, or 10 of the 14 lots. Their cost was $ 400,000, and the average price - 3.73 cents per carat.
"Since 81% of gemstones in the auction in Jaipur was able to realize, we once again have shown good results for Gemfields vision This reflects the fact that the basis of market growth of colored gemstones remains stable." - said the CEO of Gemfields Ian Herbotl (Ian Harebottle).
Gemfields next auction, expected to be held in December in Singapore, and it will mainly consist of mixed quality rubies from the field Montepuez (Montepuez) in Mozambique.
http://pearlsgift.blogspot.ca/
1 comment:
Zimbabwe's government has appealed the decision of the High Court of the country, which allows the company Mbada Diamonds continue to mine diamonds in Marange region (Marange).
The company, together with other mining companies that have entered into a partnership with the state to mine diamonds in Marange, was last month forced to cease operations, as the term of their license has expired.
However, the Zimbabwe High Court allowed Grandwell Holdings, which owns a 50 percent stake in Mbada Diamonds, to remain at the site, to protect their assets as long as life permits action on the company expires in accordance to the law.
Lawyer Grandwell Sternford Moyo said the High Court decision means the restoration Mbada Diamonds in rights to own diamond concession, which will allow the company to protect its assets. At the same time, additional efforts are being made to update the time of a special permit, he adds.
The lawyer said the company will work as long as the special authorization is not necessary to extend, or until all the problems about the special permit will not be solved.
Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) said he was not satisfied with the decision of the court, and now the ministry appealed to the Supreme Court.
"Lower court erred in finding that the applicant had committed the seizure of property in respect of the fifth respondent (Mbada), whereas the applicant had done nothing to remove the fifth defendant to the concession", - the minister said in an interview with Herald newspaper.
"Lower court also wrongly decided to endow and empower employees of the fifth defendant security services, allowing the entire staff of the company to remain on the concession as long as all issues regarding special permits are allowed.
Post a Comment