Gemfields auctions bring in record revenue in 2021
Covid-19 had hit the gemstone group hard in 2020, leading to a cancellation of in-person events
10 December 2021 - 12:00
Precious metals group Gemfields recorded its best-ever gemstone auctions in 2021, bouncing back after a tough 2020, when Covid-19 led to the cancellation of in-person events.
Most recently the group, which mines in Zambia and Mozambique, held a series of ruby auctions that brought in a record $88.4m (R1.4bn) of revenue. It was the best- ever set of earnings from ruby auctions. ..
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