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DIACOLOR Becomes India's First Jewellery Brand to Enter into Responsibly Sourced Gemstone Mining - GEMROCK'S Debut Auction a Super Success | ||
New Delhi, Delhi, India GEMROCK an emerging name in the business of gemstone mining, strengthens its global dominance with the recently held inaugural auction of the Mozambican Ruby roughs unearthed under the brands aegis.
Mr. Rishabh Tongya, Founder and Chairman GEMROCK, Creative Director DIACOLOR
Mozambican Rubies, unearthed and mined by GEMROCK
The 5-day auction witnessed a robust sentiment amongst buyers expressing great interest in the inventory that was on offer. Companies from all around Asia and Europe, made it to the maiden auction and resulting in 442 bids for the produced Rubies. These exceptional, gem-quality Rubies of intense colour and saturation were extracted from Montepuez district.
Tim Denning, Bonas Group, commented, "We are absolutely thrilled by the response we've had at GEMROCK's inaugural tender with one of the highest number of attendees. There is a strong demand for Mozambican Rubies, and we look forward to working with them closely for their next auction.”
In the recently held auction the company achieved the expected prices for its finest quality and is now planning to have the next auction in First Quarter of 2023. The proceeds of this auction will be fully repatriated to Moza Minerals in Mozambique with all royalties being paid in full on the sales price.
About DIACOLOR For more information, please contact: press@gemrock.co |
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