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RAPAPORT… Gemfields’ half-year revenue plummeted 46 percent as the
company deferred an auction of higher-quality rough emeralds due to tighter
liquidity in India.
Sales fell to $51 million in the fiscal first half that
ended December 31, 2016, the colored-gemstone miner said last week.
The company rescheduled its sale of emeralds from the Kagem
mine in Zambia from December to February to …

from Rapaport – News http://ift.tt/2kZICPq