SourcingMar 31, 2022
Production at Mine Famous for Its Yellow Diamonds Slated To Restart SourcingApr 20, 2022
Fura Gems’ Second Ruby Auction Starts This Week
A large volume of high-quality rough rubies from Mozambique will be on offer from April 21-29 in Bangkok.
Fura Gems will hold an auction for its ruby material from April 21-29 in Bangkok.
Dubai, United Arab Emirates—Fura Gems is set to hold it second auction of rubies from Mozambique this week.
The colored stone miner’s rubies first went up for auction last September.
Now, they are available to select members of the trade from April 21-29 in Bangkok.
The event will have 419,000 carats of rubies on display, ranging from large single stones to big quantities of calibrated sizes, Fura said.
Those with inquiries can reach out to Rupak Sen at rupak.sen@furagems.com.
Fura began operating in the area in 2018 with the acquisition of licenses from New Energy Minerals Ltd.
The company now holds a 100 percent interest in three ruby licenses, an 80 percent interest in the three ruby licenses, and 70 percent in one license in the Montepuez District of Cabo Delgado Province in Mozambique.
The assets are located in the Montepuez District and comprise nearly 68,283 hectares of both primary and secondary deposits with both higher and lower quality rubies.
Fura also just held its second auction of rough Colombian emeralds in Sharjah, United Arab Emirates. The colored stone miner said 50 lots of the 54 exhibited in the auction were sold.
Related stories will be right here …
The colored stone miner’s rubies first went up for auction last September.
Now, they are available to select members of the trade from April 21-29 in Bangkok.
The event will have 419,000 carats of rubies on display, ranging from large single stones to big quantities of calibrated sizes, Fura said.
Those with inquiries can reach out to Rupak Sen at rupak.sen@furagems.com.
Fura began operating in the area in 2018 with the acquisition of licenses from New Energy Minerals Ltd.
The company now holds a 100 percent interest in three ruby licenses, an 80 percent interest in the three ruby licenses, and 70 percent in one license in the Montepuez District of Cabo Delgado Province in Mozambique.
The assets are located in the Montepuez District and comprise nearly 68,283 hectares of both primary and secondary deposits with both higher and lower quality rubies.
Fura also just held its second auction of rough Colombian emeralds in Sharjah, United Arab Emirates. The colored stone miner said 50 lots of the 54 exhibited in the auction were sold.
More on Sourcing
The Latest
Policies & IssuesFeb 03, 2026
Tariff Relief on Horizon for India as Trump, Modi Make DealPresident Trump said he has reached a trade deal with India, which, when made official, will bring relief to the country’s diamond industry.
CollectionsFeb 03, 2026
Jade Trau Releases New Charms, Introduces RondellesThe designer’s latest collection takes inspiration from her classic designs, reimagining the motifs in new forms.
WatchesFeb 03, 2026
Casio America Calls Jersey City HomeThe watchmaker moved its U.S. headquarters to a space it said fosters creativity and forward-thinking solutions in Jersey City, New Jersey.
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench JewelersLaunched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.
GradingFeb 02, 2026
IGI to Acquire American Gemological Laboratories IGI is buying the colored gemstone grading laboratory through IGI USA, and AGL will continue to operate as its own brand.
Weekly QuizJan 29, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeFeb 02, 2026
Ylang 23’s Dallas Store BurglarizedThe Texas jeweler said its team is “incredibly resilient” and thanked its community for showing support.
EditorsFeb 02, 2026
Stars Choose Chokers, Elongated Earrings at 2026 GrammysFrom cool-toned metal to ring stacks, Associate Editor Natalie Francisco highlights the jewelry trends she spotted at the Grammy Awards.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
CollectionsFeb 02, 2026
2026 Winter Olympic Medal Design Symbolizes UnityThe medals feature a split-texture design highlighting the fact that the 2026 Olympics are taking place in two different cities.
SurveysJan 30, 2026
These Are the Top Brands of 2026, Says YouGovFrom tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.
CollectionsJan 30, 2026
Follow the Beat With Etiq’s ‘Khol’ RingThe “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.
MajorsJan 30, 2026
Arch Crown’s 2026 ‘Tag & Label’ Catalog Is HereThe catalog includes more than 100 styles of stock, pre-printed, and custom tags and labels, as well as bar code technology products.
CollectionsJan 29, 2026
Ghirardelli’s ‘Chocolocket’ Returns for Valentine’s DayThe chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”
AuctionsJan 29, 2026
These Were Bonhams’ Top 10 Jewelry Lots in 2025The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.
WatchesJan 29, 2026
Audemars Piguet Opens AP House in AtlantaThe Swiss watchmaker has brought its latest immersive boutique to Atlanta, a city it described as “an epicenter of music and storytelling.”
SourcingJan 28, 2026
Ethical Gem Fair to Debut Designer Showcase in TucsonThe new addition will feature finished jewelry created using “consciously sourced” gemstones.
ColumnistsJan 28, 2026
Peter Smith: Setting the Next Generation Up for SuccessIn his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.
SurveysJan 28, 2026
Consumer Confidence Falls Below Pandemic Lows in JanuaryThe index fell to its lowest level since May 2014 amid concerns about the present and the future.
IndependentsJan 28, 2026
Foundrae Heads to Aspen for Latest Store OpeningThe new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.
FinancialsJan 28, 2026
Tiffany & Co., Bulgari Sales Resilient as LVMH’s 2025 Sales SlipThe brands’ high jewelry collections performed especially well last year despite a challenging environment.
CollectionsJan 27, 2026
De Beers London, GemFair Debut New Collection Highlighting Artisanal DiamondsThe collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.
SourcingJan 27, 2026
GemGuide Launches Pricing for Montana SapphiresThe initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.
TechnologyJan 27, 2026
Clientbook Launches Appointment Booking ToolThe new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.
SourcingJan 26, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.
SourcingJan 26, 2026
Angolan Diamond Cos. Join NDC as Rio Tinto, Murowa Exit Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.
MajorsJan 26, 2026
Francesca’s To Close All StoresThe retailer operates more than 450 boutiques across 45 states, according to its website.
MajorsJan 26, 2026
BIJC Names 5 New Board MembersThe new members’ skills span communications, business development, advocacy, and industry leadership.
