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Gemfields Group Limited has announced a fully underwritten Rights Issue to raise approximately $30 million through the issuance of 556.2 million new shares. The offer is...
Gemfields, the world’s leading colored gemstone miner, has announced it will resume focused open-pit emerald mining at its Kagem mine in Zambia, marking a significant shift...
Following a four-month pause, the miner restarts operations at Kagem’s Chama pit amid rising demand and improving auction results.
Gemfields is pleased to announce that Kagem Mining Limited (‘Kagem’), the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the...
Emerald is the fitting birthstone of May, the month when green shoots burst forth and fields turn green. Coinciding with this highpoint of spring is a...
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:...
