Gemfields enacts actions to cut costs and streamline the business
As a result of the challenges in the emerald market, each of which management view as being transient, Gemfields is
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Gemfields
Gemfields Group to cut costs and streamline business activity
LONDON – Following Gemfields’ most recent emerald and ruby auctions (the results of which were published on 22 November and
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Gemfields’ strong financial performance continues in the H1 2023
LONDON – Gemfields has announces its financial results for the six months ended 30 June 2023 with the following highlights:
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Gemfields latest: Commercial Quality Emeralds Auction Results
Gemfields has announced the results of an auction comprised of commercial quality rough emeralds held during the period 29 August
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Gemfields announces record emerald auction results
LONDON – Gemfields has announced the results of an emerald auction comprised of higher-quality rough emeralds held during the period
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Gemfields: Neighbouring ruby mine attacked, MRM evacuation plan initiated
LONDON – Following an update on 30 August 2022, in which Gemfields announced increased vigilance regarding the Cabo Delgado insurgency,
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Gemfields more than doubles its profit in six months ending 30 June 2022
Gemfields is certain that its net profit after tax will be USD 56.7 million for the six months ending 30
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Gemfields announces record ruby auction results
LONDON – Gemfields is delighted to announce the results of a ruby auction comprised of seven sequential mini-auctions held in
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Gemfields Group reports record ruby auction results
LONDON – Gemfields has announced the results of a ruby auction comprised of seven sequential mini-auctions held during the period
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Giant 7,525 carat ‘rhino emerald’ sells at Gemfields auction
LONDON – Gemfields has announced the results of an emerald auction comprising a series of five sequential mini-auctions held during
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Gemstones’ Fabergé doubles revenue compared to 2020
Fabergé is one of the world’s most-recognised luxury-brand names, underscored by a well-documented, rich, illustrious heritage. As a wholly owned
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Gemfield’s Sedibelo Platinum Mines stake for sale at USD37.3 million
Gemfield Group’s platinum group metal (“PGM”) investment, an indirect stake of 6.54% in Sedibelo Platinum Mines Ltd (“Sedibelo”), remains unlisted
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Gemfields produces 21,700 carats of premium ruby in Mozambique
Having been suspended in April 2020, operations at Montepuez Ruby Mining Limitada (“MRM”) resumed in March 2021, returning to normal
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Gemfields returns to strong operational and financial performance
LONDON – After what has been a challenging 18 months for most businesses, the second quarter of 2021 has provided
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Gemfields turn loss to profit in six months ending 30 June 2021
LONDON – Gemfields is reasonably certain that its net profit after tax will be USD 23.8 million for the six
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New all-time record for commercial quality emerald
LONDON – Gemfields has announced the results of an auction of predominantly commercial quality rough emeralds held from 28 July
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Gemfields assembles ‘The G-Factor for Natural Resources’
LONDON – Gemfields has invited collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in
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Gemfieds Group responds to share price movement
LONDON – Amid accusations of insider trading, Gemfieds Group notes the recent increase in its share price and confirms that
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Gemfields restarts its mining operations
Gemfields Group has announced that both its 75% owned Kagem Mining Limited (Kagem) emerald mine and 75% owned Montepuez Ruby
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Gemfields holds sufficient gemstone inventory for 3 auctions
Gemfields presently holds sufficient rough gemstone inventory to be able to host one auction of each of (i) mixed quality
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Kagem’s emeralds yield average price of USD 59.84 per carat
Gemfields has announced the results of its series of five small and sequential emerald auctions held during the period 2
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Gemfields to sell its stake in Sedibelo Platinum
LONDON – Gemfields Group, a South African external company incorporated in Guernsey, has commenced a sale process for its 23.65%
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Gemfields progresses with five mini emerald auctions
Gemfields Group’s typical auction schedule consists of five to six auctions per year: two of mixed-quality rubies and three to
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