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JSE-listed Gemfields earned revenue of $27-million from an emerald auction held in Singapore from November 18 to 21. The company sold 33 out of 38 lots of high-quality rough emeralds at an...
Emerald miner Kagem Mining is introducing a new blockchain technology at its Zambian mine that enables gemstones to be traced back to the mine. Kagem's parent company Gemfields has partnered with...
JSE-listed Gemfields has appointed board member Martin Tolcher chairperson. He succeeds Brian Gilbertson, who decided it best to step down amid an ongoing process of obtaining a dual listing on...
JSE- and BSX-listed Gemfields plans to seek shareholder approval to increase the number of shares the company may buy back during the rest of the year. The company on September 27 completed a...
Although gold companies may have turned a financial corner in 2016, spending will not return to the heights of the past decade and priority will be given to reinvestment in brownfields assets,...
Dual-listed Gemfields, which remains intent on listing on the Aim, delivered a “profitable, but varied” performance during the first half of the year, ended June 30, chairperson Brian Gilbertson...
JSE- and BSX-listed Gemfields expects to report a net profit of $12.4-million for the six months ended June 30, compared with the net profit of $16-million achieved in the six months ended June 30,...
Earthmoving equipment manufacturer Bell Equipment’s Zambian operation is benefiting from good demand for after-sales support amid the country’s tough economic conditions. “We have had success with...
Gemstone miner Gemfields’ latest auction of commercial-quality emeralds, held in Lusaka this week, attracted a record number of international buyers. The auction of 35 schedules of emeralds...
Diversified investor Pallinghurst has entered the battery materials and energy storage revolution through the creation of a diversified battery raw materials platform. With the global electric...
JSE-listed Gemfields on Thursday announced that it had completed the first tranche of the sale of its shares in ASX-listed Jupiter Mines. The company on April 15 informed shareholders of its...
JSE-listed gemstone producer Gemfields has entered into a joint venture (JV) with Mozambican company Mwiriti to explore for gold over greenfield licences near the companies' Montepuez Ruby Mining...
Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Gemfields and Kagem Mining CEO Sean Gilbertson. The...
Gemstones supplier Gemfields is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa, benefitting both communities and conservation. Gemfields’...
JSE-listed Gemfields continues to see “encouraging” signs of a recovery in the emerald sector, product and sales MD Adrian Banks said in a statement on Monday. This follows Gemfields’ latest...
London-based Gemfields warned in a statement on Monday that illegal miners were putting their lives at risk and facing “modern slavery” in Mozambique, where the company owns 75% of Montepuez Ruby...
Emeralds from Zambia’s Kagem mine have captured the eye of some of the foremost gemstone buyers and jewellers around the world, helping boost revenue for the southern African country, parent...
JSE- and BSX-listed Gemfields’ subsidiary, Pallinghurst Consolidated, will sell the 145-million shares it holds in ASX-listed Jupiter Mining to AMCI Euro Holdings for A$44-million, or $31-million....
Gemfields, the world’s leading supplier of responsibly sourced coloured gemstones, is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa,...
JSE-listed Gemfields on Monday confirmed that it had posted a $60.4-million net loss for the year ended December 31, 2018, compared with a $45.1-million profit in 2017. As set out in a trading...
JSE-listed Gemfields is considering an additional listing on the LSE during this year, without an associated capital raise, in an effort to address the lack of broker research and share trading...
Gemfields expects to report a net loss of $60.4-million for the year ended December 31, 2018, compared with the net profit of $45.1-million reported for 2017. In rand terms, the net loss is...
Gemfields on Friday unveiled a new ruby sort house near its Montepuez ruby mine (MRM), in Mozambique. The gemstone miner noted in a statement that the sort house, in which it invested $15-million,...
Gemfields’ latest auction of predominantly commercial-quality rough emeralds, held in Lusaka, Zambia from February 18 to 20, saw 24 companies placing bids and generated revenue of $10.8-million...
The Economy and Environment Committee of the Mozambican Parliament announced in late January that it was to visit the country’s most north-easterly province, Cabo Delgado, to evaluate the...
Gemfields announced on Tuesday that it has agreed, on a no-admission-of-liability basis, the settlement of all claims brought by law firm Leigh Day on behalf of individuals living in the vicinity...
JSE-listed Gemfields is “particularly encouraged” by the increased level of mineral resource base and confidence underpinning the company’s most recent competent persons reports (CPR), despite...
JSE-listed coloured gemstone miner Gemfields said on Tuesday that the Zambian Revenue Authority (ZRA) had cleared its Kagem mine, following a recent tax investigation. The investigation started in...
JSE-listed Gemfields has generated $28.4-million in revenue from last week’s rough emeralds auction, which 40 companies attended in Singapore. The company said on Monday that the proceeds of the...
Dual-listed Pallinghurst Resources has concluded what it called a “transformational year”, after successfully transitioning into an evergreen operating mining company during the year ended December...
Following Pallinghurst’s restructuring and successful acquisition of emerald miner Gemfields, the JSE-listed diversified miner will now commence with the preparatory work to potentially obtain a...
Following Pallinghurst’s restructuring and successful acquisition of emerald miner Gemfields, the JSE-listed diversified miner will now commence with the preparatory work to potentially obtain a...
The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value...
Diversified mining company Pallinghurst, which made $45-million profit in 2016, is upbeat on 2017. The Johannesburg Stock Exchange-listed company spoke of all three of its business platforms being...
Mozambique’s ruby mining sector continues to develop, with Australia-domiciled Mustang Resources announcing in late January that it had despatched its first commercial parcel of the precious stones...
The latest auction of emeralds recovered at Aim-listed Gemfields’ 75%-owned Kagem mine, in Zambia, has generated revenues of $14.3-million, pushing the mine’s overall revenues for the financial...
Aim-listed Gemfields has achieved a record price per higher-quality carat at its latest emerald auction, held in Lusaka, from March 30 to April 3. Revenue of $33.1-million was generated through the...
AIM-listed precious gems producer Gemfields enjoyed a strong second quarter in the three months to December 31, delivering positive results across all operations, including a 41% increase in...
Aim-listed Gemfields has generated gross revenue of $8.5-million from a recent rough emerald auction in Jaipur, India, at which the gemstone miner realised an average price of $58/ct – the highest...
Aim-listed coloured gemstone miner Gemfields on Thursday reported a 42% drop in revenue to $48.4-million and a net loss of $22.8-million for the year ended June 30, mostly owing to disruptions in...
Aim-listed Gemfields said on Monday that production for the first six months of its 2011 financial year at 18,7-million carats had exceeded its entire prior year’s production of 17,4-million...
JSE-listed Pallinghurst's platinum company Platmin was increasing its platinum group metals (PGM) output "to expectation", CEO Arne Frandsen said on Tuesday. Platmin announced in January that the...
In the year ahead, Aim-listed Gemfields plans to open a rough gemstone trading business, in Kitwe, in Zambia, as well as establish a trial cutting facility at its Zambian Kagem mine to determine...
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