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New Gemfields owner celebrates $55 million auction

Pallinghurst Resources (SJ:PGL) has managed to outdo the former Gemfields management in its first ruby auction as owner of the precious stone miner. 

New Gemfields owner celebrates $55 million auction New Gemfields owner celebrates $55 million auction New Gemfields owner celebrates $55 million auction New Gemfields owner celebrates $55 million auction New Gemfields owner celebrates $55 million auction

Taking a cut: this could be in the future of the rubies sold at auction this month

The South African company said it sold 605,229 carats of rubies in Singapore from November 6-10, bringing in US$55 million. 
 
This just pips the June auction...