April 2017
LARGEST COLLECTION OF COLOURED GEMSTONES FROM AROUND THE WORLD TO BE SHOWCASED AT BONHAMS HONG KONG
"The increasing popularity of natural coloured gemstones has been driven by growing demand from around the world and interest in them is now widening to newer areas."
"Mozambique (Ruby)
The mines in Mozambique are producing extremely high quality examples of the finest rubies since the discovery of the Montepuez deposit in 2009. What makes the Mozambique rubies special in the fine gemstone market is that the mines are producing some larger gems that do not require heat treatment. By comparison, recent production of Burmese rubies has been almost exclusively in smaller sizes, with the vast majority of gems requiring heat treatment. "
http://www.fashionone.com/news/2017...-as-part-of-its-rare-jewels-and-jadeite-sale/
May 2017
When it comes to jewellery auctions, Hong Kong has surpassed New York and is now on a par with Geneva
"Strong demand from confident high-net-worth individuals from mainland China, coupled with greater knowledge of upscale jewellery’s investment value, is sustaining the positive mood at Hong Kong’s jewellery auctions."
http://m.scmp.com/magazines/style/w...ng-kong-auction-houses-profit-wealthy-chinese
June 2017
Gemfields generates US$54.8 million from rough ruby auction
“The prices achieved at this auction, combined with the high percentage of goods sold, highlight our belief in the ongoing increase in demand for responsibly sourced Mozambican rubies across key markets and jewellery categories,” he continues.
“The response received from our customers was very encouraging and they share our excitement about the future potential for the ruby industry,” adds Harebottle.
https://www.miningreview.com/news/gemfields-generates-us54-8-million-rough-ruby-auction/
June 2017
Fosun Gold Holdings Limited has made a cash offer of £256 million ($325 million) for gemstone miner Gemfields plc
Fosun said it saw “huge potential” in the Chinese market for gemstones as consumers there “increasingly demonstrate their wealth”.
*Growing middle class
June 2017
Mustang Resources swells ruby inventory as discoveries continue and is in the process of selecting a safe house facility and tender location” for the sale.
"Exploration strategy from its Montepuez Project in Mozambique continues to pay dividends, as the company has grown its ruby inventory to 120,397 cts.
Mustang is therefore comfortably on schedule to meet its target of 200,000cts in time for its first closed bid tender in October this year."
http://www.*.com.au/companies/news/179927
July 2017
Mustang Resources investor presentation
*1,500tpd(~328,000tpa)processing capacity from July2017 onwards, up from~300tpd (average) in January
•Current inventory stands at120,000cts all sourced from initial processing of material from Alpha & LM01 deposits and rubies received from artisanal miner development program
•New high-grade and shallow ruby deposits excavated and being processed in coming months -ruby inventory expected to increase significantly
A big year for MUS 2017
'the stars are aligned'
Vincent Pardieu & Christiann jordann
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