Lusaka Emerald Auction Results
/
Date21 May 2018
Pallinghurst, which owns 100% of Gemfields Ltd (“Gemfields”), announces the results of an auction of higher quality rough emeralds held in Lusaka, Zambia from 15 – 18 May 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia).
Broad-Based Black Economic Empowerment Act (“The Act”): Annual Compliance Report
/
Date14 May 2018
In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the Company’s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the following page: Click Here
No Change Statement, posting of the Annual Financial Statements and Notice of Annual General Meeting
/
Date08 May 2018
Shareholders are informed that Pallinghurst’s Annual Report for the year ended 31 December 2017 (the “Annual Report”) is now available on the Pallinghurst website 35.204.242.187. The Financial Statements contained within the Annual Report contain no modifications to Pallinghurst’s Audited Annual Results for the year ended 31 December 2017 which were published on the Securities Exchange News Services of the JSE Limited on 17 April 2018.
Audited Annual Results for the year ended 31 December 2017, No Change Statement and withdrawal of Cautionary Statement
/
Date30 Apr 2018
Shareholders are referred to the announcement released on Sens on 17 April 2018 and are advised that BDO LLP has now been granted accreditation by the JSE, with effect from 30 April 2018.
PRL confirms receipt of AUD 83.1 million from Jupiter IPO
/
Date18 Apr 2018
On 19 March 2018, Jupiter Mines Limited (“Jupiter”) announced its intention to relist on the Australian Securities Exchange (“ASX”) in order to provide liquidity for its shareholders. This was expected to be achieved via a placing of up to 600 million existing Jupiter shares with new investors at AUD 0.40 per share, thereby raising up to AUD 240 million and putting a value on Jupiter of approximately AUD 780 million.
Annual Results For The Year Ended 31 December 2017 Released
/
Date17 Apr 2018
Shareholders are informed that Pallinghurst’s Annual Results for the year ended 31 December 2017 is now available on the Pallinghurst website 35.204.242.187.
News Update – Jupiter on track for ASX listing on 18 April 2018
/
Date12 Apr 2018
Jupiter Mines Limited (“Jupiter”) is pleased to announce the full allocation of its A$240 million Initial Public Offering (“IPO”), comprising a A$225 million institutional allocation and a A$15 million allocation in the general public offer. The IPO was significantly oversubscribed.
Delay in publishing the financial results
/
Date05 Apr 2018
Pallinghurst shareholders are advised that a delay in the publishing of the Company’s financial results for the year ended 31 December 2017 is ongoing. This delay relates to the accreditation by the JSE of the Company’s external auditors, BDO LLP (“BDO”). BDO has submitted an application for JSE accreditation. This application is being considered by the JSE. Following this accreditation, the Company’s audited financial results for the year ended 31 December 2017 will be published.
Pallinghurst trading statement
/
Date28 Mar 2018
PRL is reasonably certain that its net profit after tax will be US$45 million for the year ended 31 December 2017 compared to a net profit after tax of US$45 million for the year ended 31 December 2016. In ZAR terms, net profit after tax will be ZAR600 million (ZAR656 million net profit after tax for the comparative year), a decrease of 9%.
Jupiter announces intention to IPO. PRL commits to coloured gemstone strategy
/
Date20 Mar 2018
Over the past 12 months the Tshipi manganese mine has achieved record levels of production and profitability, and has made significant distributions to its shareholders, among which Jupiter Mines Ltd (“Jupiter”) holds 49.9%. The most recent distribution, via an equal access share buyback, has just been completed and was accepted by nearly 97% of shareholders, bringing to some AUD150 million the returns to Jupiter’s shareholders since the start of 2017.