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     Latest News: Gemfields Group Ltd. GEMFIELDS [GML]
     Mon, 23 Feb 2026 Official Announcement [TN] 
    Gemfields - auction results
    Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 9 – 20 February 2026.

    Highlights – Mixed-Quality Ruby Auction – February 2026
    •Total auction revenues of USD53 million.
    •121 of the 135 lots offered for sale were sold (90%).
    •214 509 carats were offered for sale with 189 620 carats sold (88%).
    •Average sales price of USD279 per carat.
    •This is the first auction to include material from MRM's second processing plant, underscoring the contribution it is already making ahead of full commissioning.
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    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
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