Company
Gemfields Group Limited
LON:GEM
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.
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Gemfields target nudged higher by keen Panmure
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Gemfields ruby operation enjoys sparkling end to year
Annual production from Montepuez in Mozambique is slated to be 10.3mln carats of ruby and corundum, some 2.3mln carats ahead of forecast.
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Gemfields launches new ruby ad campaign
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Gemfields on course to meet full-year production guidance
CEO Ian Harebottle hailed another pleasing quarter of solid production
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Gemfields PLC salutes record-breaking emeralds auction
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The blue chip index was 70 points higher at 6,022, as campaigning started in earnest for the referendum in four months time.
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Gemfields sparkles as coloured stone firm has bumper quarter
For the three months to December 31, which counts as Gemfields’ second quarter, output from the flagship Kagem mine was up strongly, while costs on a per carat basis fell significantly.
Dixons Carphone set for progress in 2016
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Gemfields hails US$29mln ruby sale
A total of 90,642 carats were sold, which was 98% of the lots by weight or 95% by market value, fetching US$317.92 per carat. Thirty six companies placed bids.
Broker update: Gemfields well-placed ahead of next auction
Companies covered: Dixons Carphone, Gemfields, Home Retail Group, Ironveld, Mothercare
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Gemfields flourishes as coloured gems market revives
Gemfields has gone from strength to strength since Ian Harebottle took the reins six years ago
Gemfields rises after sparkling auction results
The first auction of Kagem minerals outside Zambia since June 2012 has been very successful.
Broker spotlight: Investec cuts price targets for miners
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In the news with RFC Ambrian:
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Gemfields reveals “very positive start” to financial year
The first quarter trading update has revealed an improved performance at the Kagem emerald mine and rising sales at the Fabergé jewellery business.
Fabergé takes prize at the 'Oscars' of global watch industry, says Gemfields
A ladies' Fabergé watch has walked away with a prestigious Swiss watchmakers industry prize, revealed Gemfields (LON:GEM), which owns the luxury jewellery business.
Plenty of upside still at Gemfields, says broker
Both the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique have scope to expand further, according to broker finnCap.
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Oil price rises keep shares buoyant, but airlines dip
The FTSE 100 Index lifted 41.87 points to 6368 in early afternoon trading
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Rising oil prices give London shares a lift
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A US judge has ruled the copyright for Happy Birthday, the most sung song of all time, is invalid.
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Gemfields sees solid production at key mines
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Potential of Gemfields' ruby mine underlined by resource
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UPDATE - Rare pair boosts Gemfield's latest ruby sale
In total, the auction raised US$29.3mln with an average carat price of US$617.
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