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Gemfields sells Jupiter shareholding for $31m
15th April 2019 By: Marleny Arnoldi

JSE- and BSX-listed Gemfields’ subsidiary, Pallinghurst Consolidated, will sell the 145-million shares it holds in ASX-listed Jupiter Mining to AMCI Euro Holdings for A$44-million, or $31-million.... 


Gemfields confirms $60m full-year loss
25th March 2019 By: Simone Liedtke

JSE-listed Gemfields on Monday confirmed that it had posted a $60.4-million net loss for the year ended December 31, 2018, compared with a $45.1-million profit in 2017. As set out in a trading... 


Gemfields chairperson Brian Gilbertson
Gemfields mulls London listing, looks back on challenging 2018
25th March 2019 By: Simone Liedtke

JSE-listed Gemfields is considering an additional listing on the LSE during this year, without an associated capital raise, in an effort to address the lack of broker research and share trading... 


Impairments, fair value losses to push Gemfields to a loss for 2018
22nd March 2019 By: Tasneem Bulbulia

Gemfields expects to report a net loss of $60.4-million for the year ended December 31, 2018, compared with the net profit of $45.1-million reported for 2017. In rand terms, the net loss is... 


Gemfields unveils new $15m automated ruby sort house in Mozambique
22nd February 2019 By: Tasneem Bulbulia

Gemfields on Friday unveiled a new ruby sort house near its Montepuez ruby mine (MRM), in Mozambique. The gemstone miner noted in a statement that the sort house, in which it invested $15-million,... 


Gemfields’ latest Lusaka emerald auction generates $10.8m in revenue
21st February 2019 By: Tasneem Bulbulia

Gemfields’ latest auction of predominantly commercial-quality rough emeralds, held in Lusaka, Zambia from February 18 to 20, saw 24 companies placing bids and generated revenue of $10.8-million... 


Mozambique authorities focusing attention on rubies and gold
1st February 2019 By: Rebecca Campbell

The Economy and Environment Committee of the Mozambican Parliament announced in late January that it was to visit the country’s most north-easterly province, Cabo Delgado, to evaluate the... 


Statement by Leigh Day in relation to the settlement of the human rights claims against Gemfields Ltd:
30th January 2019

Leigh Day represents 273 Mozambicans who allege that they, or their relatives, were the victims of  serious human rights abuses at or around Montepuez Ruby Mining Limitada’s (MRM’s) mine in... 


Gemfields agrees settlement of £5.8m pertaining to claims by Leigh Day
29th January 2019 By: Tasneem Bulbulia

Gemfields announced on Tuesday that it has agreed, on a no-admission-of-liability basis, the settlement of all claims brought by law firm Leigh Day on behalf of individuals living in the vicinity... 


Gemfields ‘encouraged’ by most recent CPR report, despite declining results
21st January 2019 By: Simone Liedtke

JSE-listed Gemfields is “particularly encouraged” by the increased level of mineral resource base and confidence underpinning the company’s most recent competent persons reports (CPR), despite... 


Zambian revenue authority clears Kagem
18th December 2018 By: Creamer Media Reporter

JSE-listed coloured gemstone miner Gemfields said on Tuesday that the Zambian Revenue Authority (ZRA) had cleared its Kagem mine, following a recent tax investigation. The investigation started in... 


Gemfields generates $28m from Singapore emerald auction
19th November 2018 By: Marleny Arnoldi

JSE-listed Gemfields has generated $28.4-million in revenue from last week’s rough emeralds auction, which 40 companies attended in Singapore. The company said on Monday that the proceeds of the... 


Pallinghurst CEO Arne Frandsen
Pallinghurst delivers satisfactory FY17 performance
17th April 2018 By: Natasha Odendaal

Dual-listed Pallinghurst Resources has concluded what it called a “transformational year”, after successfully transitioning into an evergreen operating mining company during the year ended December... 


Gemfields achieves another successful emerald auction
Gemfields achieves another successful emerald auction
23rd May 2016 By: Creamer Media Reporter

The latest auction of emeralds recovered at Aim-listed Gemfields’ 75%-owned Kagem mine, in Zambia, has generated revenues of $14.3-million, pushing the mine’s overall revenues for the financial... 


Gemfields CEO Ian Harebottle
Gemfields achieves record price per emerald carat at auction
4th April 2016 By: Natasha Odendaal

Aim-listed Gemfields has achieved a record price per higher-quality carat at its latest emerald auction, held in Lusaka, from March 30 to April 3. Revenue of $33.1-million was generated through the... 


Gemfields posts strong Q2 results, ups emerald production by 41%
Gemfields posts strong Q2 results, ups emerald production by 41%
16th February 2016 By: Samantha Herbst

AIM-listed precious gems producer Gemfields enjoyed a strong second quarter in the three months to December 31, delivering positive results across all operations, including a 41% increase in... 


India emerald sale yields record $58/ct for Gemfields
10th October 2013 By: Natalie Greve

Aim-listed Gemfields has generated gross revenue of $8.5-million from a recent rough emerald auction in Jaipur, India, at which the gemstone miner realised an average price of $58/ct – the highest... 


Gemfields revenue drops 42%, operations performing well
3rd October 2013 By: Leandi Kolver

Aim-listed coloured gemstone miner Gemfields on Thursday reported a 42% drop in revenue to $48.4-million and a net loss of $22.8-million for the year ended June 30, mostly owing to disruptions in... 


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pqt: 0.386s - ct: 0.464s - 268pq - 2rq
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