News and Announcements

Montepuez Ruby Mine Maiden JORC Resource & Reserves

Gemfields plc (AIM: GEM) is pleased to announce the publication of a Competent Persons Report (“CPR”) produced by SRK Consulting (UK) Limited (“SRK”) on the Montepuez Ruby Mine (“MRM” or “Montepuez”), which is 75% owned by Gemfields and 25% by local partners, Mwiriti Limitada. The CPR includes MRM’s maiden Mineral Resource and Ore Reserve estimates and accompanying Statements prepared in accordance with JORC Code (2012).