Category

Trading Statement

Auction Results: Mixed-Quality Rubies

Gemfields is pleased to announce the results of a mini-auction of Mozambican rough rubies from Montepuez Ruby Mining (“MRM”) held via online bidding after viewings in Bangkok, Thailand from 29 September to 3 October 2025. Highlights: Mini Mixed-Quality Ruby Auction – September – October 2025 Auction revenues of USD 11.0 million 26 of the 33 lots on offer were sold 62% of the 297,449 carats on offer were sold Average realised price of USD 59.43 per carat

Auction Results – Higher-quality emeralds

Gemfields announces the results of an auction comprised of higher-quality rough emeralds held during the period 25 August – 11 September 2025. Highlights: August-September 2025 Higher-Quality Emerald Auction Total auction revenues of USD 32.0 million 38 lots were offered for sale, of which all were sold (100%) Average realised price of USD 160.78 per carat The 52 auctions of Kagem gemstones held since July 2009 have generated USD 1,122 million in total revenues The auction included an exceptional gemstone named Imboo (‘buffalo’), weighing 11,685 carats. Imboo is the latest, and largest, remarkable gemstone discovered at the Kagem mine.

Operational update to 30 June 2025 and update on strategic review of Fabergé

Gemfields shareholders are advised that the Company has released information about its operational results and financial position for the six months to 30 June 2025. These unaudited figures have been produced on a monthly basis for Gemfields’ 75%-owned Kagem emerald mine, its 75%-owned Montepuez ruby mine and Fabergé, the iconic luxury brand.

Auction Results: Mixed-Quality Rubies

Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 2 – 13 June 2025. Highlights – Mixed-Quality Ruby Auction – June 2025 Total auction revenues of USD 31.7 million. 78 of the 90 lots offered for sale were sold (87%). 99,830 carats were offered for sale with 68,705 carats sold (69%). Average sales price of USD 461.48 per carat. The auction included rubies from a newer area of MRM which previously hasn’t been represented at auction in meaningful quantities, including a notable 36-carat ruby (pictured below) which sold well, becoming the third-most-valuable single-gemstone lot in MRM’s history. This auction follows a mini-auction of predominantly small-sized gemstones held in April 2025 that achieved auction...
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Auction Results: Commercial-Quality Emeralds

Gemfields announces the results of an auction comprised of commercial-quality rough emeralds held during the period 11 – 29 April 2025. Highlights: April 2025 Commercial-Quality Emerald Auction Total auction revenues of USD 16.4 million 36 lots were offered for sale, of which 32 were sold (89%) Average price of USD 6.87 per carat The 51 auctions of Kagem gemstones held since July 2009 have generated USD 1,090 million in total revenues

Auction Results – MRM Rubies

Gemfields is pleased to announce the results of a mini auction of Mozambican rough rubies from Montepuez Ruby Mining (“MRM”) held in Bangkok, Thailand from 21 to 25 April 2025. Highlights – Mini MRM Ruby Auction – April 2025 Auction revenues of USD 7.2 million 20 of the 21 lots on offer were sold 72.8% of the 250,004 carats on offer were sold Average sales price of USD 39.47 per carat

Proposed Rights Issue Circular and EGM Notice

Gemfields Group Limited (“Gemfields” or the “Group” or the “Company”) announces it is seeking shareholder approval to, amongst other things, issue 556,203,396 New Shares to raise approximately USD30 million by way of a fully committed and underwritten Rights Issue (the “Proposed Rights Issue”).

Audited 2024 Annual Report Released

Gemfields announces the publication of the Company’s audited Annual Report and Accounts for the year ending 31 December 2024 (“2024 Annual Report”). The content of this short form announcement is the responsibility of the board of directors of the Company. Shareholders are advised that this short form announcement represents a summary of the information contained in the Annual Report and does not contain full or complete details of the financial results.
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