Category

Business Update

Proposed Acquisition of Faberge Limited

On 21 November 2012, your Board announced Gemfields’ proposed acquisition of a 100 per cent. interest in Faberge Limited with a view to creating a globally recognised coloured gemstone champion. Fabergé will provide Gemfields with direct control over a high-end luxury goods retail platform and a global brand with an exceptional heritage.

Notice of Annual General Meeting

Gemfields plc (“Gemfields” or the “Company”) (AIM: GEM) announces it will be holding the Company’s Annual General Meeting on 20 December 2012 at 11:00 am (UK time) at the offices of Reed Smith LLP, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS. The Notice of Meeting was posted to shareholders today, a copy of which is set out in full in the appendix to this announcement.

Proposed Acquisition of Fabergé

Gemfields plc (AIM: GEM), the leading gemstone mining and marketing company, announces its proposed acquisition (the “Proposed Acquisition”) of a 100% interest in Fabergé Limited (“Fabergé”) with a view to creating a globally recognised coloured gemstone champion. Fabergé will provide Gemfields with direct control over a high-end luxury goods platform and a global brand with an exceptional heritage.

Market Update – Quarter to 30 September 2012

Gemfields plc (AIM: GEM) presents an operational update for the three month period ending 30 September 2012. All figures are approximate, unaudited and, unless otherwise stated, the phrase “carats” includes both emerald and beryl.

Mineral Resource Estimate for the Kagem Emerald Deposit of Gemfields Resources PLC

The Kagem Emerald Mine is an advanced stage emerald mining project located in Zambia to the west of Ndola in the Kitwe region. Gemfields Resources PLC (“Gemfields”) currently holds 75% ownership of the mine and the Government of Zambia 25%. This technical report documents a Mineral Resource statement for Kagem prepared by SRK following the terms and definitions given in “The 2004 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves as published by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia” (the “JORC Code”).

Senior Management Appointments

Gemfields plc (AIM: “GEM”) is pleased to announce the promotion of Mr Devidas (“Dev”) Shetty from the position of Group Chief Financial Officer (“CFO”) to Group Chief Operating Officer (“COO”). In his new position, Dev will be responsible for providing operational direction and support to the respective business heads of each of the Group’s operating divisions as they continue to focus on profitability, operating efficiency, resource allocation and delivery.