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In 2024, Gemfields, confronted a series of compounding challenges that culminated in a staggering financial loss of $100.8 million. The UK-based company, long regarded as a...
Weakened demand, asset impairments, and stalled mine operations force gemstone miner to borrow $13.4M and seek $30M in new equity
Mini-auction of unsold emeralds from November 2024 shows a promising rise in demand and prices, with 77% of lots sold.
Gemfields is pleased to announce the results of a ruby auction comprised of mixed-quality rough rubies held during the period 3 to 18 June 2024. Highlights:...
