Ruby mining business Petra thinks that ruby costs will certainly secure via throughout of this year with some enhancement anticipated in 2025. The typical ruby rate understood by Petra in fiscal year (FY 2024)– the twelve month to June30– was $116/ct, down 17% from $139/ct in FY 2023, owing mostly to a 12.4% decrease in like-for-like costs, with the equilibrium credited to item mix activities.
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