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Ruby sale hit by India policy

Gemfields quarterly sale revenue down 30%

Alex Hamer
Rough rubies were in demand

Rough rubies were in demand

The company sold 1,094,406 carats of rubies from an offering 1,372,145ct in Singapore last week.  The US$30.4 million sale revenue was down over 30% on the last quarter, which the company said was partly...

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