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A new strategic shareholder
Gemfields Group | 30/09/2021

We believe the phased purchase of a 26.17% stake in Gemfields by mining holding company Assore International Holdings should be regarded as a vote of confidence…

Maxi-mini auction results
Gemfields Group | 29/04/2021

As travel restrictions prevented customers travelling to auctions, Gemfields turned to a series of mini-auctions to sell rough rubies and emeralds. These…

Marching towards March 2021 auctions
Gemfields Group | 16/12/2020

Although Gemfields has been unable to hold full gemstone auctions since February, successful November and December emerald mini-auctions generated US$10.8m…

Cash preservation ahead of December auctions
Gemfields Group | 03/08/2020

Gemfields has provided an update on the impact of COVID-19 on its business. Mining remains suspended at both MRM and Kagem and will not resume before the…

Still good value under varied COVID-19 scenarios
Gemfields Group | 28/04/2020

Considering the uncertainty surrounding COVID-19 (and Gemfields’ inability to hold emerald and ruby auctions while international travel is severely…

A Valentine’s Day gift for the AIM market
Gemfields Group | 17/02/2020

Fittingly for a coloured gemstone company, Gemfields began trading on London’s AIM market on 14 February. We continue to see significant value in…

Strong November emerald auction
Gemfields Group | 03/12/2019

Gemfields’ November high-quality emerald auction sale of US$27.2m reflects strong demand for Kagem’s emeralds and, more broadly, points to…

Coloured gemstones outperforming diamonds
Gemfields Group | 26/09/2019

All signs point to continued strength in the market for coloured gemstones, which is in contrast to the weak diamond market conditions. Against this backdrop,…

Jupiter sale funds buyback and special dividend
Gemfields Group | 11/07/2019

Our updated sum-of-the-parts (SOTP) valuation of Gemfields is ZAR4.91 per share before taking into account the planned buyback of up to 10% of the issued…