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Gemfields generates $23.1m in auction, warns of Montepuez issues

Published by Josh White on 30th June 2026

(Sharecast News) - Gemfields said on Tuesday that its first Trade Select ruby auction generated $23.1m, although it warned that lower grades, plant commissioning issues, security disruption and delayed VAT refunds would weigh on Montepuez Ruby Mining for at least the rest of 2026.

URL: http://www.digitallook.com/dl/news/story/36040317/...

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