London-listed Gemfields expects to swing to a net profit of $65-million for the year ended December 31, 2021, compared with a net loss of $93-million in the prior year. With the company’s two key... 

Gemstone miner Gemfields says an analysis of existing data on the supply of rubies and emeralds highlights an “alarming” extent to which host-mine countries are being robbed of the true value of... 

Gemstone miner Gemfields reports that by December 31, its 75%-owned Zambia-based Kagem emerald mine had produced 32.01-million carats for the year, at an average grade of 191 ct/t and ore... 

Emerald mining company Kagem Mining has signed a collective agreement with unions, which will result in employees receiving e a 10% increase in basic salary for this year, followed by a further 10%... 

Gemstone miner Kagem Mining has reinforced the Zambian government’s optimistic outlook for the future of Zambia’s gemstone and wider mining sector. Kagem on January 7 hosted Mines and Minerals... 

Gemstone miner Gemfields is calling on governance bodies, mining organisations, industry observers and host governments to adopt the G-Factor for Natural Resources – a new measure promoting greater... 

With ongoing plans to dispose of its entire interest in Sedibelo Platinum Mines (SPM), gemstone miner Gemfields confirms that interposed vehicle Pallinghurst Ivy Lane Capital (Ivy Lane), which held... 

Gemstone miner Gemfields' latest series of mini-auctions for rubies mined at the Montepuez mine, in Mozambique, has generated a record $88.4-million in revenue. Of the 107 lots on offer during the... 

A series of five emerald mini-auctions in November and December has generated a record $37.9-million in revenue for gemstone miner Gemfields. All carats on offer were sold and the emeralds were... 

Gemfields has uncovered a 7 525 ct (1 505 g) gemstone, which it has called Chipembele – meaning “rhino” in Bemba (an indigenous dialect in Zambia), at its Kagem emerald mine in Zambia. The... 

International auction house Phillips will, this month, put on sale the largest collection of Zambian emeralds ever to be offered on auction. Part of the proceeds will go to the Gemfields... 

Aim- and JSE-listed Gemfields has appointed Patrick Eugenio Sacco non-independent and nonexecutive director, effective immediately. The company says Sacco has experience in the iron-ore, manganese,... 

Assore International Holdings Limited (AHIL) has increased its stake in gemstone miner Gemfields to 26.17%. This followed the sale by Dr Christo Wiese and his family and associates of about... 

Manganese and iron-ore company Assore has increased its shareholding in emerald and ruby miner Gemfields to 12.74%. The privately-held company last week bought an additional 90 533 595 shares of... 

JSE-listed Gemfields expects to report a net profit after tax of $23.8-million for the six months to June 30, compared with the $56.7-million net loss after tax reported for the comparative... 

Mining holding company Assore International Holdings has acquired a beneficial interest of 5% in coloured gemstones miner and supplier Gemfields. Conducted as an off-market block trade and online... 

Gemstone miner Gemfields has generated about $23.1-million in auction revenues – an all-time record for commercial-quality emerald auctions – at its auction held from July 28 to August 11. The... 

Gemstone miner Gemfields’ 75%-owned Kagem emerald mine, in Zambia, produced 10.34-million carats of gemstones, including emeralds and beryls during the first half of the year, while its... 

Gemstone producer Gemfields is inviting collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in adopting the G-Factor for Natural... 

Aim- and JSE-listed Gemfields says there is no disclosable unpublished price-sensitive information relating to the company at the moment, following an increase in the company’s share price over the... 

Insurgent attacks and Covid-19 have had a significant impact on the Mozambican mining industry, says Gemfields CEO Sean Gilbertson. The investment climate in Mozambique, particularly Cabo Delgado –... 

Dual-listed Gemfields Mining subsidiary Montepuez Ruby Mining (MRM) – a joint venture (JV) with Mozambique-registered company Mwiriti – has prioritised humanitarian services amid insurgent attacks... 

Emerald miner Gemfields, which operates the Kagem emerald mine in Lufwanyama, Zambia, last month announced the results of an emerald auction comprising a series of five sequential mini auctions... 

London-listed Gemfields’ subsidiary Kagem Mining, based in Zambia, has successfully had 250 staff vaccinated against Covid-19. Kagem has been facilitating voluntary mass vaccination of its... 

Dual-listed Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17. Fifty-nine companies placed bids, with the mini auctions achieving an... 

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. 

Aim- and JSE-listed Gemfields says its full-year results reflect the magnitude of the impact that Covid-19 has had on the company, rendering it unable to hold auctions in its traditional format... 

A ruby mine in Delgado province, in north-east Mozambique. 

Gemstone miner Gemfields expects to report a net loss of $93.2-million, or R1.54-billion, for the year ended December 31, 2020, compared with a net profit of $39.1-million, or R565-million,... 

Responsibly sourced emeralds from the Kagem mine, in Lufwanyama, Zambia, will create the centrepiece of a new fine jewellery collection by US-based designer Sandy Leong. A portion of the sales... 

Gemstone miner Gemfields on March 1 confirmed that its 75%-owned Kagem Mining emerald mine in Zambia, as well as its 75%-owned Montepuez Ruby Mining (MRM) ruby mine, in Mozambique, are set to... 

UK-headquartered Gemfields has confirmed that its 75%-owned Kagem emerald mine, in Zambia, will reopen principal operations in a phased manner starting in the second week of March. As a result of... 

London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, had produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in... 

Gemstone miner Gemfields earned revenue of $10.88-million from five mini-auctions of emeralds mined at its Kagem mine, in Zambia. The mini-auctions were held between November 2 and December 11,... 

Aim- and JSE-listed Gemfields has started a sales process for its 23.54% holding in Pallinghurst Ivy Lane Capital, which owns 27.64% of Sedibelo Platinum Mines (SPM), giving Gemfields an indirect... 

Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to... 

Gemstone miner Gemfields says it is unable to provide guidance as to when it might be able to host its next auction, or generate meaningful revenue from sales, with its financial results for the... 

JSE- and Aim-listed Gemfields has advised that its net loss after tax will likely be $56.7-million, or R959-million, for the six months ended June 30. This compares with a profit after tax of... 

Gemstone miner Gemfields, which operates the Kagem mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has identified “huge potential” to market Zambia’s responsibly-sourced emeralds to... 

Gemstone miner Gemfields has warned of bleak conditions for the remainder of this year, as the spread of Covid-19 continues to impact on the group. “Conditions remain very challenging for Gemfields... 

The world’s biggest ruby mine, Gemfields’ Montepuez operation in northern Mozambique, has reported an outbreak of coronavirus. The company had already placed the operation under care and... 

Gemstone miner Gemfields has completed its delisting from the Bermuda Stock Exchange (BSX). It announced the delisting in April, stating that none of the company’s issued shares have traded on...