Gemfields Group Ltd - London-headquartered gemstones miner and marketer - Second auction in 2023 generates record revenue of USD43.7 million. The emerald auction was held from May 15 to Thursday this week. Average realised price of USD165.55 per carat also is a record high for Gemfields. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Says its first emerald auction for 2023 generated revenue of USD21.2 million at a sale that was held during March 6 to Friday, down 36% from USD32.9 million on August 31 to September 19, 2022. From March 15 to April 1, 2022, emerald auction recorded USD42.3 million in revenue. Read More
(Alliance News) - Gemfields Group Ltd on Friday reported that its performance in 2022 was "remarkable", as the coloured gemstone market returned to normality after the Covid-19 pandemic that hit in 2020. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Says its subsidiary Nairoto Resources Ltda has ceased operations following an insurgency attack in the Cabo Delgado province, Mozambique. Nairoto Resources, in which Gemfields owns 75% stake, starts evacuating its operational employees and contractors. Says there is no impact on operations at Montepuez Ruby Mining Ltda, another Mozambican business in which is also hold 75%. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Sets new annual auction revenue of USD316 million in 2022, up 32% from USD240 million in 2021. Gemfields owns 75% in Montepuez Ruby Mining Ltda in Mozambique. It also holds 75% of Kagem Mining Ltd in Zambia. The company operates a retail unit Faberge. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Begins USD10 million share buyback programme, after receiving approval from shareholders at its extraordinary general meeting, held late last month. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates USD66.8 million in revenue following a ruby auction held in Bangkok from November 21 to Thursday. The rough rubies sold were extracted from the mining licence held and operated by Montepuez Ruby Mining Ltda, which Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates USD30.8 million in revenue after an emerald auction held from October 30 to this past Thursday. At an auction in May, the first one this year, Gemfields reported revenue of USD43.3 million. Read More
(Alliance News) - Gemfields Group Ltd said on Monday its operations in the northern Cabo Delgado province in Mozambique have resumed after militants raided its neighbouring ruby mine last week. Read More
(Alliance News) - Gemfields Group Ltd said on Thursday it remained vigilant after a neighbouring ruby mine came under attack in the northern Cabo Delgado province in Mozambique this morning. Read More
(Alliance News) - Blue-chip European equities struggled to make headway on Thursday, with US Federal Reserve rate hike worries and UK political instability hitting the investment mood. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Chief Executive Sean Gilbertson buys 1.5 million shares at 14.32 pence, worth GBP216,995, on Tuesday. Gilbertson previously had held the shares indirectly via a non-controlling interest in Pallinghurst Resources Management LP but, following Tuesday's off-market transaction, now holds them directly in his name. Read More
(Alliance News) - Gemfields Group Ltd on Thursday reported its interim profit more than doubled in the first half of 2022, due to record-breaking auction results. Read More
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates USD4.2 million in revenue from auction of predominantly corundum, commercial-quality sapphire and low-quality ruby held last week. The gemstones were extracted by Montepuez Ruby Mining Ltda in Mozambique, which is 75% owned by Gemfields and 25% by Mwiriti Ltda. Read More
(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
(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