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IN BRIEF: Gemfields hits new annual auction revenue record

31st Jan 2023 09:14

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.

Current stock price in London: 17.50 pence, up 2.9% on Tuesday morning

12-month change: unchanged

Current stock price in Johannesburg: ZAR3.84, up 2.7%

12-month change: up 4.4%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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