September 15, 2014

Joint Venture Agreements Regarding Sri Lankan Sapphires and Gemstones

Gemfields is pleased to announce that it has entered into a joint venture with East West Gem Investments Limited (‘EWGI’), a Jersey registered company, in order to progress opportunities in the Sri Lankan sapphire and gemstone sector via three Sri Lankan subsidiaries which will be 75% and 25% held by Gemfields and EWGI respectively.