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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 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 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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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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