Montepuez Ruby Mining

Gemfields to expand offering at June 2025 auction

Gemfields has announced that it will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a…

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Fabergé launches new Beetlejuice Beetlejuice collection

Fabergé has collaborated with Warner Bros to launch the Fabergé x Beetlejuice Beetlejuice fine jewellery collection. The new collection pays homage to Beetlejuice Beetlejuice, the sequel film to Tim Burton’s award-winning film Beetlejuice. Burton has collaborated closely with world-renowned Oscar-winning costume designer Colleen Atwood (Alice in Wonderland, Sweeney Todd: The…

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Gemfields reports second highest ever revenues despite 23% decline

Gemfields has reported a 23% decline in revenues to $262m (£207m) for the year ending 31 December 2023. The company attributed this to fewer carats sold in the year and in part to the cancellation of a higher-quality emerald auction that was scheduled for November 2023. Despite this, the group…

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Gemfields success at inaugural ruby auction

Gemfields has generated total revenue of $33.5 million at its first rough ruby and corundum auction held in Singapore. The auction, which was held in Singapore from June 12 to 17, saw over 2.03 million carats of ruby and corundum placed on offer, of which 1.82 million carats were sold,…

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