Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Michael Hunter

Massive ‘Kafubu Cluster’ emerald weighing almost 38kg helps Gemfields break auction record

The 37,555g Kafubu Cluster is the most expensive single emerald the company has ever sold

(Picture: Supplied by Gemfields)

Gemfields, the miner of precious stones from Africa, has auctioned off the biggest single emerald in its history as part of a sale that raised over $30 million in total and helped break records for the year.

The proceeds included the contribution of the massive “Kafubu Cluster” -- weighing in at almost 38,000 grams (pictured) -- and named after the river in the region of Zambia where it was discovered in the Kagem mine. It is very unusual for uncut emeralds to be named, with titles bestowed on only the “rarest and most remarkable gems” according to the company. While no official naming records are kept, Gemfields said “it is thought that no more than two dozen gemstones have ever been given their own name.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.