Gemstone miner Gemfields recorded revenues of $46.2-million from its latest auction of mixed-quality rough ruby recovered at the Montepuez ruby mine, in Mozambique. Of the 102 lots on offer, 97... 

About 300 people invaded a pit at the Montepuez ruby mine owned by Gemfields Group in northeastern Mozambique on Sunday, CEO Sean Gilbertson said. Two people were shot by police, he said. A crowd... 

Dual-listed Gemfields expects to report earnings a share of R11.80 for the six months ended June 30 – a 21% decrease from the earnings a share of R14.90 reported for the first half of 2023.... 

Gemstone miner Gemfields has reported total auction revenues of $121-million for the six-month period ended June 30, with demand for rough emeralds and rubies continuing to remain robust. In the... 

London-listed Gemfields Group recorded total auction revenues of $68.7-million from the June auction of mixed-quality rough rubies recovered from the Montepuez ruby mine, in Mozambique. The group... 

Underscoring Mozambique’s significant mining sector growth is President Filipe Nyuse’s affirmation, through a statement, that Mozambique’s extractive industry amassed revenue exceeding... 

Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of... 

Gemstone miner Gemfields reports that auction revenues and pricing for both emeralds and rubies remain strong, with the company having earned auction revenues of $242-million in 2023 – the... 

Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on... 

Ruby and emerald miner Gemfields has announced that total auction revenues of $69.5-million were accrued after selling all 97 lots, comprising 239 591 ct of ruby, offered for sale at its latest... 

Montepuez Ruby Mining Limitada plans to build an additional processing plant at Montepuez. 

The emerald green of Zambia and the ruby red of Mozambique are continuing to give exceptional gemstone hues to Southern Africa, Mining Weekly can today report. Zambian emeralds, which are among the... 

Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023.  However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate... 

Gemstone miner Gemfields’ 75%-owned Montepuez Ruby Mining (MRM) subsdiary has entered into a legally binding contract with specialist engineering group Consulmet to build an additional processing... 

London- and Johannesburg- listed Gemfields produced 17.4-million carats of emeralds in the six months ended June 30, including 85 000 ct of premium emeralds, from the Kagem emerald mine, in Zambia.... 

A new collection of rings, featuring miner Gemfields’ emeralds and rubies, has been unveiled during the Journées de la Haute Joaillerie. Gemfields – a miner and marketer of coloured gemstones – has... 

Gemstone miner Gemfields' latest ruby auction generated revenues of $80.4-million, with an average price of $265.99/ct realised. "With the revenue from this auction up 20% since our last ruby... 

Dubai-based miner Fura Gems will invest $200-million in its Colombia emerald mine over the next five years, an executive said on Wednesday. The company is holding its fourth auction of uncut... 

Dual-listed Gemfields generated record revenue of $341-million for the year ended December 31, which marks a 32% year-on-year increase. The company also posted a 25% year-on-year increase in... 

Faberge jewellery brand owner Gemfields Group reported a 2% rise in full-year profit on Friday helped by higher prices for uncut emeralds and rubies. The precious stone miner said headline earnings... 

UK-headquartered Gemfields has generated $66.8-million of revenue from 98 lots of rough rubies sold on auction between November 21 and December 8. The auction lots were made available for... 

Precious gem miner Gemfields Group has stopped operations at its Montepuez ruby mine in Mozambique's Cabo Delgado province after an attack was reported at a nearby facility, it said on Thursday.... 

Seven sequential mini-auctions of Gemfields’ rubies netted all-time high auction revenues for the miner of $95.6-million, with average prices of $246.69/ct achieved – also a new record for any... 

London-listed Gemfields says 2021 had been a good year for the company, allowing the “horrors” of 2020 to be consigned to the history books. The company has been able to allocate $20-million, or... 

London-listed Gemfields expects to swing to a net profit of $65-million for the year ended December 31, 2021, compared with a net loss of $93-million in the prior year. With the company’s two key... 

Gemstone miner Gemfields says an analysis of existing data on the supply of rubies and emeralds highlights an “alarming” extent to which host-mine countries are being robbed of the true value of... 

Gemstone miner Gemfields reports that by December 31, its 75%-owned Zambia-based Kagem emerald mine had produced 32.01-million carats for the year, at an average grade of 191 ct/t and ore... 

Gemstone miner Gemfields' latest series of mini-auctions for rubies mined at the Montepuez mine, in Mozambique, has generated a record $88.4-million in revenue. Of the 107 lots on offer during the... 

JSE-listed Gemfields expects to report a net profit after tax of $23.8-million for the six months to June 30, compared with the $56.7-million net loss after tax reported for the comparative... 

Insurgent attacks and Covid-19 have had a significant impact on the Mozambican mining industry, says Gemfields CEO Sean Gilbertson. The investment climate in Mozambique, particularly Cabo Delgado –... 

Dual-listed Gemfields Mining subsidiary Montepuez Ruby Mining (MRM) – a joint venture (JV) with Mozambique-registered company Mwiriti – has prioritised humanitarian services amid insurgent attacks... 

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. 

A ruby mine in Delgado province, in north-east Mozambique. 

Gemstone miner Gemfields on March 1 confirmed that its 75%-owned Kagem Mining emerald mine in Zambia, as well as its 75%-owned Montepuez Ruby Mining (MRM) ruby mine, in Mozambique, are set to... 

London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, had produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in... 

Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to... 

Gemstone miner Gemfields says it is unable to provide guidance as to when it might be able to host its next auction, or generate meaningful revenue from sales, with its financial results for the... 

Gemstone miner Gemfields, which operates the Kagem mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has identified “huge potential” to market Zambia’s responsibly-sourced emeralds to... 

JSE-, Aim- and Bermuda Stock Exchange-listed Gemfields will host its annual general meeting (AGM) virtually through a live interactive webcast on June 24. The company has urged shareholders to... 

In its quest to promote Zambia’s emeralds to buyers across the world, gemstone miner Gemfields has introduced the third instalment in its short film series dedicated to coloured gemstones. The... 

Coloured gemstone mining and marketing company Fura Gems received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (MIREM) for the acquisition of a ruby licence, the... 

London-headquartered Gemfields, which owns the Kagem emerald mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has become the first gemstone company in the world to be recognised as a...