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Notice of Results

2nd Oct 2015 07:00

RNS Number : 0107B
Gemfields PLC
02 October 2015
 

Gemfields plc

 

("Gemfields" or the "Company")

 

Notice of Final Results

 

2 October 2015

 

 

Gemfields plc (AIM: GEM), the world's single largest coloured gemstone mining and marketing company, will be reporting its final results for the year ending 30 June 2015 at 07:00 BST on Wednesday, 7 October 2015.

 

The Company will be hosting a presentation for analysts at 11:00 BST. An audio webcast of the presentation will be streamed live at the same time. Further details of the presentation and the webcast will be available within the results announcement.

 

ENQUIRIES:

 

Gemfields

Janet Boyce, CFO

[email protected]

+44 (0)20 7518 7283

 

 

Grant Thornton UK LLP

Nominated Adviser

Philip Secrett/Richard Tonthat/Jamie Barklem

 

 

+44 (0)20 7383 5100

 

 

JP Morgan Cazenove

Joint Broker

Jamie Riddell

 

 

+44 (0)20 7742 4000

 

 

BMO Capital Markets Limited

Joint Broker

Jeff Couch/Neil Haycock/Tom Rider/Jenny Wyllie

 

 

+44 (0)20 7236 1010

 

 

Macquarie Capital (Europe) Limited

Joint Broker

Raj Khatri/Ken Fleming/Nick Stamp/Fergus Marcroft

 

 

 

+44 (0)20 3037 2000

Tavistock

Jos Simson/Emily Fenton/Barney Hayward

 

+44 (0)20 7920 3150

 

 

Notes to Editors:

 

Gemfields plc is the world's leading supplier of responsibly sourced coloured gemstones and is listed on the AIM market of the London Stock Exchange (ticker: GEM) where it is a constituent of the AIM50 index.

 

Gemfields is the 75% owner and operator of the Kagem emerald mine in Zambia, the world's single largest producing emerald mine. In July 2009, Gemfields commenced a formal auction programme for Zambian emeralds mined at the Kagem emerald mine. To date, the Company has held 19 auctions of rough emerald and beryl produced at Kagem and which have generated revenues totalling US$360 million. The Company has also placed traded rough gemstones (not obtained directly from the Company's own mining operations) on offer to its customers at some of its auctions which have generated revenues of US$23.6 million.

 

Gemfields owns 75% of the Montepuez Ruby Mine in Mozambique. The four rough ruby and corundum auctions held since June 2014 have generated US$122 million in aggregate revenues. 

 

Gemfields holds a 50% interest in the Kariba amethyst mine in Zambia. In September 2015, Gemfields held its third auction of rough amethyst extracted from Kariba amethyst mine, generating revenues of US$0.44 million. The Company also owns additional mining licenses in Zambia as well as controlling interests in prospecting licenses in Colombia, Ethiopia, Madagascar and Sri Lanka.

 

Gemfields also owns 100% of the Fabergé brand. Fabergé provides Gemfields with direct control over a high-end luxury goods platform and a global brand with exceptional heritage.

 

For further information, please visit www.gemfields.co.uk.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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