NAV Per Share: ZAc 559 (as at 31 December 2024)

News and Announcements

Operational update to 30 June 2026

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Date30 Jul 2026
Gemfields shareholders are advised that the Company has released information about its operational results and financial position for the six months to 30 June 2026. These unaudited figures have been produced on a monthly basis for Gemfields’ 75%-owned emerald mine, Kagem Mining (“Kagem”) and 75%-owned ruby mine, Montepuez Ruby Mining (“MRM”).

Auction Results – Trade Select Ruby Auction and MRM Update

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Date30 Jun 2026
Gemfields announces the results of an auction of mixed-quality rough ruby held from 22 to 29 June 2026. This marks the Company’s first “Trade Select” auction, featuring a broader mix of ruby qualities as well as newly introduced sapphire categories. Highlights – Trade Select Ruby Auction – June 2026 Total auction revenues of USD 23.1 million. 82 of the 89 lots offered for sale were sold (92.1%). 374,008 carats were offered for sale with 348,409 carats sold (93.2%). Average sales price of USD 66.30 per carat.

Directorate Change

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Date30 Jun 2026
Gemfields announces that Sean Gilbertson will, by mutual agreement with the Board, step down as Chief Executive Officer and as a director of the Company with effect from 15 July 2026. The Board would like to thank Sean for his contribution to the Company and wishes him well in his future endeavours. David Lovett, who has held the role of Chief Financial Officer for 8 years, has been appointed as Interim Chief Executive Officer alongside his existing role as Chief Financial Officer. The Board, advised by the Nominations Committee, will in due course commence a formal process to identify a permanent successor.

Modern Slavery and Human Trafficking Statement

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Date29 Jun 2026
This Statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the “Act”) and covers the financial year ending 31st December 2025. It provides an explanation of the steps that Gemfields Group Limited and its subsidiaries (“Gemfields” or “we”) take to combat the potential for modern slavery and human trafficking to take place in its business and supply chains.

Results of Annual General Meeting 2026

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Date23 Jun 2026
Shareholders are advised that the Company’s Annual General Meeting (“AGM”) was held today, Tuesday 23 June 2026. All ordinary resolutions and special resolution 2 were passed by the requisite majority of shareholders. Both non-binding advisory votes were also passed, with the support of over 75% of shareholders. The Company acknowledges that special resolution 1 was not passed by the requisite 75% of shareholders required.

Auction Results – Higher-Quality Emeralds

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Date22 May 2026
Gemfields announces the results of an auction comprised of higher-quality rough emeralds held during the period 4 May – 21 May 2026. Highlights: May 2026 Higher-Quality Emerald Auction Total auction revenues of USD 26.8 million 36 of the 37 lots offered for sale were sold (97%) 185,135 carats were offered for sale with 183,385 carats sold (99%) Average realised price of USD 146.08 per carat
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