Two killed in further unrest near Gemfields Mozambique venture
27th Dec 2024 07:13
(Sharecast News) - Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as "illegal" ruby mining groups exploited ongoing political instability.
Read moreGemfields says operations could be hit by Mozambique unrest
24th Dec 2024 10:38
(Sharecast News) - Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Read moreGemfields shares slide as it addresses market challenges
23rd Dec 2024 10:33
(Sharecast News) - Gemfields announced a series of measures to address significant challenges affecting its business on Monday, while maintaining a focus on the completion of its second ruby processing plant at Montepuez Ruby Mining (MRM) in Mozambique.
Read moreGemfields sells 30 of 43 lots in emerald auction
22nd Nov 2024 12:19
(Sharecast News) - Gemfields reported revenues of $16.1m from its latest auction of higher-quality rough emeralds on Friday, held between 4 and 21 November.
Read moreGemfields flags lower first-half profits
25th Sep 2024 14:57
(Sharecast News) - Gemfields said in an update on Wednesday that it expected a first-half net profit after tax of $13.7m, down from $18.1m in the same period last year.
Read moreGemfields flags lower first-half profits
25th Sep 2024 14:57
(Sharecast News) - Gemfields said in an update on Wednesday that it expected a first-half net profit after tax of $13.7m, down from $18.1m in the same period last year.
Read moreGemfields set to swing to loss in 2023
22nd Mar 2024 16:35
(Sharecast News) - Coloured gemstone specialist Gemfields said in a trading update on Friday that its two primary operating assets, Kagem and MRM, contributed revenues of $89.9m and $151.4m respectively in 2023, a slight decrease from the prior year.
Read moreDirectors dealings: Assore International ups stake in Gemfields further
2nd Nov 2023 15:34
(Sharecast News) - Gemfields announced that Assore International Holdings had further increased its stake in the emeralds and rubies miner.
Read moreGemfields shares drop as H1 profits sink
14th Sep 2023 08:01
(Sharecast News) - Shares in Gemfields tanked on Thursday morning after the gemstones miner and Fabergé owner said both revenues and profits in the first half were down sharply on last year.
Read moreGemfields hails 'remarkable' year as profits shine
24th Mar 2023 09:56
(Sharecast News) - Faberge owner Gemfields Group reported record revenues on Friday, as trading continued to recover post pandemic.
Read moreGemfields sale of SPM holdings simplified by Ivy Lane 'unbundling'
7th Jan 2022 14:14
(Sharecast News) - Gemfields updated the market on the proposed sale of its interest in Sedibelo Platinum Mines (SPM) on Friday, confirming the 'unbundling' of Ivy Lane's shareholding.
Read moreGemfields returns to profit amid easing of Covid-19 restrictions
16th Sep 2021 10:53
(Sharecast News) - Mining company Gemfields Group said on Thursday that interim net profit after tax would be roughly $23.8m, a marked turnaround when compared to its $56.7m net loss a year earlier.
Read moreGemfields begins sale process for holding in Ivy Lane
13th Nov 2020 10:53
(Sharecast News) - Gemfields Group has begun a sale process for its 23.65% equity holding in Pallinghurst Ivy Lane Capital, a company incorporated in Luxembourg, it announced on Friday.
Read moreGemfields swings to interim loss as Covid-19 halts auctions
14th Sep 2020 09:02
(Sharecast News) - Natural resources mining firm Gemfields said on Monday that it had swung to an interim loss after being "severely impacted" by the Covid-19 pandemic.
Read moreGemfields suspends share buyback programme amid Covid-19
22nd Apr 2020 10:23
(Sharecast News) - Gemfields said on Wednesday that its share buyback programme has been suspended and that all UK staff, including the board of directors, will switch to a four-day working week and take a 20% pay cut as it looks to weather the coronavirus pandemic.
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