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Gemfields Warns of $57M Loss
Gemfields expects to suffer a loss of $56.7 million for the first half of the year amid the cancellation
News Sep 15, 2020 Rapaport News
Gemfields
Gemfields Halts Mining and Sales
Gemfields has closed the majority of its business amid the coronavirus pandemic, and is unsure when it will
News Mar 31, 2020 Rapaport News
Gemfields
Gemfields Saw $60M Loss in 2018
Gemfields slid into the red in 2018 due to the impact of a new tax regime and a costly legal
News Mar 26, 2019 Rapaport News
Gemfields
Gemfields Unearths 5,655ct. Emerald
Gemfields has recovered a 5,655-carat emerald at its Kagem mine in Zambia, it said Monday. “The discovery of this exceptional
News Oct 31, 2018 Rapaport News
Gemfields
Nirav Modi Crisis Hits Gemfields
Proceeds slumped at Gemfields’ May auction of higher-quality rough emeralds as the Nirav Modi fraud case hurt Indian
News May 27, 2018 Rapaport News
Gemfields rubies
Ruby Demand Robust at Gemfields Sale
Gemfields sold $55 million worth of rough rubies in Singapore last week, the highest revenue figure the
News Nov 16, 2017 Rapaport News
Sean Gilberton Pallinghurst
Gemfields Names Post-Takeover CEO
Gemfields’ new owner, Pallinghurst Resources, has appointed Sean Gilbertson as CEO of the colored-gemstone producer following the
News Aug 07, 2017 Rapaport News
Gemfields rough emerald 140
Pallinghurst to Delist Gemfields by End of July
Private-equity firm Pallinghurst Resources plans to delist colored-gemstone miner Gemfields from London’s Alternative Investment Market (AIM)
News Jul 16, 2017 Rapaport News
ruby
Gemfields Sets $55M Auction Record
Gemfields recorded its highest auction total as it sold $54.8 million worth of rubies and corundum in Singapore last
News Jun 19, 2017 Rapaport News
Gemfields emeralds
Gemfields Faces Buyout from Main Investor
Gemfields’ largest shareholder has made an offer to acquire the 53% of the gemstone miner it does not already
News May 21, 2017 Rapaport News
faberge
Fabergé Shows ‘Encouraging’ Growth
Fabergé, the famed jewelry brand owned by Gemfields, recorded a 63% jump in unit sales during the third
News May 16, 2017 Rapaport News
Rough emerald
Gemfields Sales Dented by India Liquidity Slump
Gemfields’ half-year revenue plummeted 46 percent as the company deferred an auction of higher-quality rough emeralds due to tighter liquidity
News Feb 26, 2017 Rapaport News
faberge
Gemfields Emerald Production Slumps
Gemfields said production of emerald and beryl dropped 43 percent in the final three months of last year as the
News Feb 14, 2017 Rapaport News
Gemfields rubies
Gemfields Sees Robust Demand at Ruby Auction
Gemfields sold $30.4 million worth of rubies and corundum at an auction in Singapore last week as prices indicated a healthy
News Dec 22, 2016 Rapaport News
Rough emerald
India Cash Crunch Stalls Gemfields Auction
Gemfields has pushed back a sale of higher-quality emeralds by two months to enable Indian buyers to adapt to the government’s
News Dec 04, 2016 Rapaport News
Gemfields emeralds
Gemfields Boosted by Rising Emerald Demand
Gemfields’ revenue and profit surged in the past fiscal year, driven by record prices and successful marketing
News Sep 26, 2016 Rapaport News
ruby
Gemfields Ramps Up Ruby Output
Gemfields’ rough ruby and corundum production exceeded the company’s guidance in the past fiscal year as output
News Aug 01, 2016 Rapaport News
ruby
Gemfields Closes Loan Deal to Hike Ruby Output
Gemfields has secured $65 million of debt financing which will be used to ramp up ruby production and for
News Jul 05, 2016 Rapaport News
Gemfields emeralds
Gemfields’ Lower-Quality Emeralds Hit New Price Record
Gemfields announced a new record average price for its lower-quality gemstones sold at an auction of rough emeralds in India
News May 23, 2016 Rapaport News
Buyers at Gemfields Auction
Gemfields’ 1H Revenue -9%, Profit Slumps 65%
Gemfields reported revenue dropped 9.1 percent year on year to $94 million in the first half that ended
News Feb 22, 2016 Rapaport News
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