Gemrock, the main color gemstone mining firm, is happy to announce its inaugural ruby public sale, to be held 3-7 October 2022 in Bangkok, Thailand, on the Crystal Ballroom, Vacation Inn Silom.

Gemrock will current a curation of uncommon, untreated tough rubies of highest provenance, in various shades of crimson, starting from darkish crimson to pink, purple and orange, intense in color and pristine in readability. The public sale will current 200 heaps on the market and patrons from over 40 worldwide firms are anticipated to attend the public sale.

Consumers can relaxation assured of those excessive, gem-quality rubies, which can be sourced and handpicked from the Montepuez mine, one of many world’s most sought-after ruby mines, famend for its high class, large-sized rubies. In reality, it’s from the big swathes of this belt, that a number of the most prized rubies have emerged.

With an in a position workforce of skilled staff, Gemrock has managed to develop a stand-alone, profitable mining operation in a remarkably brief time frame. Gemrock at the moment holds 9 concessions totalling over 589 sq. kilometres within the district protecting important sections of the ruby-bearing zone. By December 2021, Gemrock had recovered 52,000 mct of fantastic rubies from quite a lot of bulk sampling pits, all of that are gem-quality rubies.

 Mr. Rishabh Tongya, Chairman and Founder, Gemrock, commented:

“Constructing upon the robust shopping for momentum and market demand for Mozambican rubies, we’re delighted to supply this inaugural public sale at Gemrock, the place attendees could be aware of a list full of top-quality rubies. We stay assured that this public sale will set a precedent for Gemrock in with the ability to carry to its patrons a gradual provide of gem-quality rubies sooner or later as effectively, making us one of many main suppliers of Tough Mozambican rubies globally.”

Mr. Chris Del Gatto, Co-Founder and CEO, Del Gatto Diamond Finance Fund, commented:

“We’re thrilled to be part of the Gemrock tenders. We’re believers on this materials for the colored stone market, in addition to Mr. Tongya’s potential to execute. We’re happy to have the ability to play even a small half in making this occur.”

Mr. Tim Denning of Bonas Group, commented:

“Bonas Group is happy to be working with Gemrock on this thrilling new ruby mining venture in Mozambique.  That is one other important step for Bonas into the colored gemstone trade.”