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London-listed Gemfields has announced updated ‘G-Factor for Natural Resources’ figures for the 12 months to December 31, 2023, and has also once again invited governance bodies, extractive...
Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of...
Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean...
Gemstone miner Gemfields reports that auction revenues and pricing for both emeralds and rubies remain strong, with the company having earned auction revenues of $242-million in 2023 – the...
Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on...
Ruby and emerald miner Gemfields has announced that total auction revenues of $69.5-million were accrued after selling all 97 lots, comprising 239 591 ct of ruby, offered for sale at its latest...
Montepuez Ruby Mining Limitada plans to build an additional processing plant at Montepuez.
The emerald green of Zambia and the ruby red of Mozambique are continuing to give exceptional gemstone hues to Southern Africa, Mining Weekly can today report. Zambian emeralds, which are among the...
Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023. However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate...
Gemstone producer Gemfields earned revenues of $25.5-million from its latest auction of commercial-quality rough emeralds recovered from the Kagem mine, in Zambia. All 43 lots put on offer were...
Gemstone miner Gemfields’ 75%-owned Montepuez Ruby Mining (MRM) subsdiary has entered into a legally binding contract with specialist engineering group Consulmet to build an additional processing...
London- and Johannesburg- listed Gemfields produced 17.4-million carats of emeralds in the six months ended June 30, including 85 000 ct of premium emeralds, from the Kagem emerald mine, in Zambia....
A new collection of rings, featuring miner Gemfields’ emeralds and rubies, has been unveiled during the Journées de la Haute Joaillerie. Gemfields – a miner and marketer of coloured gemstones – has...
Gemstone miner Gemfields' latest ruby auction generated revenues of $80.4-million, with an average price of $265.99/ct realised. "With the revenue from this auction up 20% since our last ruby...
Dual-listed Gemfields has generated record auction revenue of $43.7-million from the sale of 35 high-quality rough emeralds produced from the Kagem mine. The auction had an average realised price...
Dual-listed Gemfields generated record revenue of $341-million for the year ended December 31, which marks a 32% year-on-year increase. The company also posted a 25% year-on-year increase in...
Gemstone miner Gemfields' first emerald auction of this year generated revenue of $21.2-million. "Gemfields' first auction of 2023 has yielded a sound outcome. While it is evident that the market...
Faberge jewellery brand owner Gemfields Group reported a 2% rise in full-year profit on Friday helped by higher prices for uncut emeralds and rubies. The precious stone miner said headline earnings...
Gemstone miner Gemfields, which has operations in Mozambique and Zambia, has reiterated the emphasis it places on operational personnel's safety in Mozambique following a series of insurgent...
Gemstone miner Gemfields has evacuated operational employees and contractors from its 75%-owned Nairoto Resources exploration camp following an insurgent attack in the village of Nairoto in the...
Gemstone miner Gemfields, which operates emerald and ruby mining operations in Zambia and Mozambique, respectively, reports that its revenue for 2022 had reached a record $333-million. That...
In addition to increasing socioeconomic challenges and their knock-on effects worldwide, mining entities must also contend with a looming metals deficit, says Zambia Chamber of Mines CEO and...
Gemstone miner Gemfields has started a share buy-back programme to buy up to $10-million worth of ordinary shares. The share buy-back represents an opportunity to promote Gemfields' financial...
UK-headquartered Gemfields has generated $66.8-million of revenue from 98 lots of rough rubies sold on auction between November 21 and December 8. The auction lots were made available for...
Exploration company URA Holdings, which has assets in South Africa and Zambia, has announced an independent maiden Joint Ore Reserves Committee (Jorc) 2012 mineral resource estimate of 29-million...
JSE- and Aim-listed Gemfields has generated $30.8-million in revenue from the sale of rough emeralds during an auction, comprising five sequential mini-auctions, held from October 30 to November...
The Queensland government will introduce a suite of possible changes to support the continued operation of small-scale miners in the state, with a moratorium on new claims to end as scheduled on...
Gemstone miner Gemfields is set to put on auction the 187 775 ct (37 555 g) cluster of emeralds that was unearthed in the Chama pit of the miner’s 75%-owned Kagem emerald mine, in Zambia, in March...
Key operational personnel have returned to Gemfields’ majority-owned Montepuez Ruby Mining (MRM) operation in Cabo Delgado, Mozambique, and basic operations have resumed. Operational employees and...
Precious gem miner Gemfields Group has stopped operations at its Montepuez ruby mine in Mozambique's Cabo Delgado province after an attack was reported at a nearby facility, it said on Thursday....
Gemstones supplier Gemfields has reported “record-breaking” auction revenues and an “all-time high” cash position for the six months ended June 30, resulting in the company declaring an interim...
Aim-listed Gemfields generated revenues of $4.2-million from an auction of predominantly commercial-quality sapphire, corundum and low-quality ruby held from September 19 to 23. The gemstones were...
Gemstone miner Gemfields' latest auction of commercial-quality emeralds recovered from the Kagem mine, in Zambia, generated revenue of $32.9-million – the second-highest figure ever at a Kagem...
Key prerequisites need to be in place if Zambian President Hakainde Hichilema is to tap into the potential developmental benefits of the “oil of Zambia” by tripling the country’s yearly copper...
Gemfields has reported record auction revenue of $330.3-million for the 12 months ended June 30. In a report on the company’s operating results and financial position for the period, released on...
Dual-listed Gemfields says an attack, attributed to insurgent activity, occurred on July 13 in closer proximity to the operations of Montepuez Ruby Mining (MRM), in which Gemfields holds a 75%...
Seven sequential mini-auctions of Gemfields’ rubies netted all-time high auction revenues for the miner of $95.6-million, with average prices of $246.69/ct achieved – also a new record for any...
A fresh wave of attacks by an Islamic State affiliate in northern Mozambique has prompted the evacuation of the nation’s biggest solar power plant and threatens to further delay TotalEnergies'...
Gemstone miner Gemfields reports that several insurgent attacks in the vicinity of Ancuabe, Mozambique, starting on June 6, are happening in closer proximity to its Montpuez ruby mine (MRM) than in...
A series of five sequential mini-auctions of emeralds held by gemstone miner Gemfields from May 9 to 26 saw all 38 lots on offer being sold and set a new record for the highest revenue and the...
The state of Zambia’s amethyst and emerald mining sectors has improved after the onset of the Covid-19 pandemic resulted in poor demand. However, the sectors continue to battle systemic...
Technology gateway GemCloud, which has the potential to play a central role in shaping the future of the coloured gemstone sector, has gained a new, non-controlling anchor investor through coloured...
An emerald recovered at Gemfields' Zambia-based Kagem mine – which broke the Guinness World Record for being the largest uncut emerald ever found, as verified on April 22 – was showcased during a...
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