It’s a stark, startling contrast. Beautiful, precious jewels, like rubies, emeralds and sapphires, are often sourced in dismal conditions where disadvantaged workers and lawlessness make it easy for ...

Coloured gemstones miner Gemfields (LON: GEM) (JSE: GML) said on Wednesday it sold almost $69 million of mixed-quality rubies at its June auction, with 97% of the offering gone. The auction marked the ...

Gemfields Group said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in villages nearby in escalating unrest linked to October’s disputed ...

Rubies lie exposed at the bottom of a mine pit at Gemfields Montepuez mine GEMFIELDS will commission a second processing plant at its ruby mine Montepuez in Mozambique in September, the company said ...

Gemfields Group CEO Sean Gilbertson saw an opportunity to reshape the colored gem industry when he joined the company’s board in 2008. At the time, “the colored gem sector was fragmented, unregulated, ...

Coloured gemstone mining and marketing company Fura Gems received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (MIREM) for the acquisition of a ruby licence, the ...

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. The 94 lots on offer, of which ...

McKENNEY — Barry Resnick never expected to become a gem miner when he and his siblings decided almost 20 years ago to create a lake in honor of their late mother on farmland in the farthest reach of ...