Hong Kong jeweler has recompensed those who lost money.
Category: Colored Gemstones
Miner sells 3.4 million carats for $25.4 million in latest sale of commercial-quality goods.
Sale features medium to commercial grades from recently developed mining area.
First-half loss primarily due to fewer high-grade rubies from Montepuez and the impact of a 15% export duty on emeralds from Zambia.
100% of lots find buyers at the sale of high-quality rough.
Company names Zambia-mined stone Imboo, meaning “buffalo” in local language.
SMG Capital purchases iconic design label.
The untreated vibrant gems originate in central Tanzania.
Sales plunge 50% year on year in first half amid five-month production shutdown at Kagem emerald mine.
7.3 million carats of Brazilian gems are going on the block as part of a court-ordered liquidation.
Montepuez mine to triple ore capacity.