Gemfields Group Ltd - London-headquartered gemstones supplier - Reports record revenue of $95.6 million at Montepuez Ruby Mining Ltd’s recent auction. The results of the ruby auction are comprised of seven sequential mini-auctions held in Bangkok from May 30 to this past Friday. At an auction held between May 9 and May 26, Gemfields booked revenue of $43.3 million, also a record at the time.

The rough rubies were all extracted from the mining licence held and operated by Montepuez Ruby Mining, which is 75% owned by Gemfields and 25% by Mozambican partner Mwiriti Ltd.

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