Gemfield Auction Results - 15 June 2017

Gemfields PLC have just released results of their latest auction. From their release:

Highlights

• Record auction revenues of USD 54.8 million, an alltime high for any Gemfields auction;
• Of the 83 lots offered, 78 were sold;
• Average realised price of USD 61.13 per carat;
• 895,848 carats sold (85% by weight or 98% by market value) out of the total of 1,048,687 carats offered; and
• The eight Montepuez auctions held since June 2014 have generated USD 280.5 million in aggregate revenues.

Note that the auction included a mix of higher, medium and commercial qualities.

There were 54 companies that placed bids. A fairly substantial customer base.

Here's the summary from the release with details of the latest auction in the last column.