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Gemfields Grou. (GEM) Share News

IN BRIEF: Gemfields hits all-time record revenue after emerald auction

27th May 2022 08:45

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

CORRECT: Gemfields director sells ZAR11 million worth of shares

12th May 2022 13:13

(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

IN BRIEF: Gemfields director nets ZAR11 million after options exercise

10th May 2022 16:56

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

IN BRIEF: Gemfields posts record USD42.3 million revenue after auction

4th Apr 2022 07:54

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

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