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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...
Production of emerald and beryl at Aim-listed Gemfields’ 75%-owned Kagem mine, in Zambia, nearly halved to 4.7-million carats in the three months to December 31, compared with the 8.2-million...
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...
The first six months of the financial year have seen steady demand for emeralds and rubies, with Aim-listed precious gems producer Gemfields reporting $94-million in revenue and earnings before...
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...
UK mining company Gemfields has announced the results of the fourth auction of rough rubies by its Mozambican subsidiary, Montepuez Ruby Mining (Montepuez). The auction, held in Singapore, raised...
The first auction of rough rubies and corundum from the Montepuez ruby mine in Mozambique, held in Singapore from June 12 to June 17, brought in revenues of $33.5-million. This was reported by...
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...
London-listed Gemfields had completed its acquisition of Fabergé from JSE-listed Pallinghurst Resources.Pallinghurst had received 214-million new shares in Gemfields in exchange, giving it a 48%...
Aim-listed emerald miner Gemfields achieved record rainy season production of 6.6-million carats in the three months ended December 2012.This represented a 69% increase on the 3.9-million carats...
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