Covid-19 had hit the gemstone group hard in 2020, leading to a cancellation of in-person events
Precious metals group Gemfields recorded its best-ever gemstone auctions in 2021, bouncing back after a tough 2020, when Covid-19 led to the cancellation of in-person events.
Most recently the group, which mines in Zambia and Mozambique, held a series of ruby auctions that brought in a record $88.4m of revenue. It was the best- ever set of earnings from ruby auctions. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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