R/€ = 19.15 Change: 0.00
R/$ = 17.00 Change: 0.00
Au 1774.31 $/oz Change: -0.99
Pt 805.00 $/oz Change: -10.05


All Star appoints seasoned mining veterans to its board

By: Marleny Arnoldi     22nd May 2020 London-listed junior mining investment company All Star Minerals has appointed Ian Harebottle and Richard Lloyd as directors. Harebottle is a former CEO of Aim-listed companies Gemfields and TanzaniteOne.  

Gemfields suspends Montepuez operations amid Covid-19, beefs up security

By: Donna Slater     22nd April 2020 Gemstone miner Gemfields has suspended all but critical operations at its Montepuez ruby mine (MRM), in Mozambique, as of April 22, as a result of the continued global spread of Covid-19. Only security, maintenance and other essential services are being rendered to ensure the mine can resume... 

Gemfields seeking admission to London’s Aim market 

By: Simone Liedtke     17th January 2020 Gemstone miner Gemfields intends to seek admission to trade on the Aim market of the LSE. The company does not intend to raise capital in conjunction with the admission, which it expects will become effective on February 14. 

Zambia drops precious gemstone export duty

By: Mariaan Webb     19th December 2019 The Zambian government has suspended a 15% export duty on precious gemstones, excluding diamonds, JSE-listed Gemfields said on Thursday. The suspension was announced the government gazette last week, and will take effect from January 1, 2020. Gemfields, which owns 75% of the Kagem emerald... 

Gemfields’ latest auction nets $71.5m

By: Simone Liedtke     17th December 2019 Dual-listed Gemfields sold about 88% of its lots on offer at its most recent auction, spanning December 10 to 14, in Singapore. Of the 104 lots offered, 91 were sold, generating auction revenues of about $71.5-million at an average price of $77.12/ct. 

Gemfields generates $79m from emerald auctions in 2019

By: Marleny Arnoldi     22nd November 2019 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 average price of $85.26/ct, which the company on Friday said was an all-time record.  

Gemfields delivers varied interim results, remains intent on London listing

By: Simone Liedtke     20th September 2019 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 said on Friday. He explained that, when compared with the first half of 2018, total rock handling had... 

Gemfields enters into Moz gold JV

By: Creamer Media Reporter      26th June 2019 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 (MRM) JV operation, in Mozambique. Gemfields will hold 75% of the new JV and Mwiriti the balance. 

Responsible sourcing of gemstones to receive more attention – Gemfields

By: Tasneem Bulbulia     20th June 2019 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 observation comes as Gemfields recently contributed new data and insights to independent global... 

Gemfields partners with National Geographic

7th June 2019 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’ gemstone mining operations in Zambia and Mozambique provide a significant benefit to these African... 

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