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Broker Spotlight – BHP Billiton, Rio Tinto, Anglo American, Diageo, IAG, Reed Elsevier
SocGen has shuffled its pack of mining majors
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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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Proactive news summary, including Abzena, OptiBiotix Health, ZincOx Resources, Mariana Resources, Gemfields and Forte Energy
A treatment for a rare form of haemophilia developed with the help of Abzena’s screening technology has been granted orphan status by the US regulatory authorities. It was one of a number of pharma stories to come out today.
Gemfields boosted by "exceptionally rare" ruby find
Gemfields shares advanced on Tuesday as the importance of its Montepuez deposit in Mozambique was underlined - with the discovery of what the miner called an "exceptionally rare" pair of matching rubies.