• Through consolidation, acquisition and enhancement of the operations, we aim to unlock the full value of our investments.
  • Pallinghurst Resources Limited changed its name to Gemfields Group Limited effective 26 June 2018.
  • Gemfields is a world leading supplier of responsibly sourced gemstones


  • Achieved record auction revenues of US$71.8 million at its Singapore rough ruby auction in June 2018.
  • Produced 46,900 carats of premium ruby for the five-month period since acquisition to 31 December 2017.


  • Produced 46,300 carats of premium emerald for the five-month period since acquisition to 31 December 2017.
  • Operations at the Mbuva-Chibolele property, adjacent to the Kagem licence area, were resumed following Pallinghurst’s acquisition of Gemfields.

Platinum Group Metals

  • PPM achieved 4.6 million fatality-free shifts by the end of 2017.
  • Sedibelo Platinum Mines has one of the world’s Top-5 PGM resources bases, with over 100 million ounces.

Steel Making Materials

  • Tshipi produced and sold 3.6 million and 3.3 million tonnes, respectively, during its financial year ending 28 February 2018.
  • At current operating levels it is estimated that Tshipi is the largest manganese producer in South Africa and amongst the top three in the world.

NAV Per Share

ZAc 500
(as at 31 December 2017).

Annual Results

For the period ending 31 December 2017

Recent Financial Information

Net Asset Value (NAV)

Net Profit After Tax


Annual Report Released

Gemfields Group Limited (formerly Pallinghurst Resources Limited) Annual Report for the year ending 31 December 2017 is now available.

Click To View

Net Asset Value

ZAR7.6 billion / US$617 million

NAV Per Share

Zac500 / US$0.40

NAV Per Share is based on net assets divided by the number of ordinary shares allotted at 31 December 2017.

Gemfields Group Limited

The Company recorded a net profit after tax of US$45 million over 2017.

Jupiter Mines Limited

During 2017, the Company received distributions of approx. US$15 million from Jupiter.