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RAPAPORT… Gemfields recorded its highest auction total as it sold
$54.8 million worth of rubies and corundum in Singapore last week.
The sale fetched an average of $61 per carat for
895,848 carats, out of just over 1 million carats that were on offer, the
miner said. The event sold 85% by volume and 98% by value.
The revenue figure is 24% higher than Gemfields’ previous
auction record of …

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