Gemfields fetches $29 million in Singapore rubies auction

[caption id="attachment_841211" align="aligncenter" width="600"] Rubies from Montepuez, located at a geologically critical junction between the north-south trending Mozambique Belt and the east-west trending Zambezi Belt.[/caption] Shares in Gemfields (LON:GEM) climbed Monday as the precious stones miner said it generated sales...

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