NAV Per Share: ZAc 559 (as at 31 December 2024)

General
  • Gemfields is a world-leading miner of coloured gemstones.
  • We have mining operations in Zambia for emeralds and in Mozambique for ruby and pink sapphire.
  • We have a proven track record of delivering a consistent supply of professionally sorted and graded rough coloured gemstones through a programme of private auctions.
Mozambique
  • The Montepuez ruby deposit is located in the northeast of Mozambique within the Cabo Delgado Province.
  • MRM is widely recognised as the single largest producing ruby mine in the world.
  • MRM produced 1.56 million carats of ruby and corundum and 40,006 of premium ruby during 2024.
  • MRM has generated total cumulative auction sales revenue of USD1.2 billion since June 2014.
Zambia
  • Kagem is an emerald mine in the “Copperbelt” region of northern Zambia, estimated to produce around a quarter of the world’s emeralds.
  • Kagem is a world-leading emerald mine.
  • Kagem produced 40.3 million carats of emerald and beryl and 159,351 of premium emeralds during 2024.
  • Kagem has generated total cumulative auction sales revenue of USD1.1 billion since July 2009.

MRM
RUBY MINE

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KAGEM
EMERALD MINE

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Key Information

Recent Financial Information

Analyst Reports

Modern Slavery Statements

Interim Report Released

The company’s Interim Report 2026 for the Six Months Ended 30 June 2026 is now available:

Click To View

Gemfields Group is covered by the following brokers:

– Panmure Liberum
– SBG Securities

For a full list of GGL’s research reports, please click here.

As required under section 54 of the Modern Slavery Act 2015, Gemfields produces a yearly Modern Slavery Statement (the “Statement”).

The 2024 Statement, as well as historical statements, can be found here.