(Alliance News) - Gemfields Group Ltd on Monday said it expects its profit to more than double due to robust demand for coloured gemstones, including emeralds and rubies. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates revenue of USD32.9 million, the second-highest figure ever achieved at a Kagem auction. The auction of predominantly commercial quality rough emeralds was held from August 31 to September 19. Gemfields recorded an all-time high revenue of USD42.3 mllion at the auction held from March 15 to April 1. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Says total auction revenue in the first half of 2022 is USD181.2 million, with all three auctions in the half breaking previous records. Auction revenue in the 12 months ending June 30 total USD330.3 million, an all-time high. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Says operations of Montepuez Ruby Mining Limitada, in which it holds a 75% interest, continue with heightened "vigilance" amid insurgent activity in Mozambique. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Cancels the issue of 1.4 million new shares. Earlier in the day, the company said it had issued and allotted 1.4 million new shares following the exercise of share options by Toby Hewitt, its company secretary and general counsel. The group now says Hewitt has cancelled his share options exercise and accordingly the company has cancelled the issue of 1.4 million shares. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Promises engagement after more than a quarter of its shareholders voted against the remuneration policy at the annual general meeting held on Wednesday. In a non-binding advisory vote, about 27% shareholders opposed the endorsement of the company's remuneration policy. All shareholders approved the appointment of Ernst & Young LLP as the company's auditor and authorised directors of the company to fix their remuneration. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Reports record revenue of USD95.6 million at Montepuez Ruby Mining Ltd's recent auction. The results of the ruby auction are comprised of seven sequential mini-auctions held in Bangkok from May 30 to this past Friday. At an auction held between May 9 and May 26, Gemfields booked revenue of USD43.3 million, also a record at the time. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Kartikeya Parikshya, managing director for Mozambique & Ethiopia, exercises options for 2.9 million shares and sells all of them at average ZAR3.17, worth ZAR9.4 million, about GBP470,000, on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates all-time record revenue of USD43.3 million at Kagem Mining Ltd's emerald auction. Emerald auction comprised a series of five sequential mini-auctions held from May 9 to May 26. All 38 lots offered were sold. This latest auction was hosted in Bangkok, Thailand. Read More
(Correcting that the share sale was worth ZAR11.2 million before factoring in the purchase costs of the options, and Suresh didn't net ZAR11.2 million.) Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Chandana Venkata Suresh, director of operations for Africa, sells 3.5 million shares after exercising options at an average ZAR3.25 apiece, netting ZAR11.2 million. The Gemfields director holds 95,600 shares, representing 0.01% of the company. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Announces it generated USD42.3 million in revenue from its recent all-time record auction. The auction of predominantly commercial quality rough emeralds was held in Jaipur, India, from March 15 to April 1. The auction saw 56 companies placing bids, generating all-time record revenues of USD42.3 million with an overall average value of USD9.37 per carat. The auction saw 100% of the offered carats and number of lots being sold. Read More
(Alliance News) - Gemfields Group Ltd on Friday declared a first-ever dividend in 2021, with its operations "firing on all cylinders" again and the coloured gemstone market remaining buoyant. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Gemfields Group Ltd expects to turn profit in 2021 as a result of record-breaking gemstone auctions last year, underpinning a recovery from Covid-19. Read More
IN BRIEF: Gemfields "unbundles" stake in Sedibelo Platinum Mines Read More
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Strong year for Gemfields paves way for once "unthinkable" returns Read More