NAV Per Share: ZAc 692 (as at 31 December 2023)

News and Announcements

B-BBEE Annual Compliance Report

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Date24 Apr 2024
In accordance with paragraph 16.21 (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 Broad-based Black Economic Empowerment Act, 2003, has been published and is available on the Gemfields website at www.gemfieldsgroup.com.

Auction Results – Commercial Quality Emeralds

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Date25 Mar 2024
Gemfields is pleased to announce the results of an auction comprised of commercial quality rough emeralds held during the period 5 – 22 March 2024. Highlights: March 2024 – Commercial Quality Emerald Auction Total auction revenues of USD 17.1 million 43 lots were offered for sale, of which 40 were sold (93%) Average price of USD 4.45 per carat The 47 auctions of Kagem gemstones held since July 2009 have generated USD 1,006 million in total revenues, reaching the USD 1 billion mark

Audited 2023 Annual Report Released, Dividend Announced and Board Role Changes

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Date25 Mar 2024
Gemfields is pleased to announce publication of the Company’s audited Annual Report and Accounts for the year ending 31 December 2023 (“2023 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.

Operational Update up to 31 December 2023

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Date29 Jan 2024
Gemfields shareholders are advised that the Company has released information about its operational results and financial position for the six months ended 31 December 2023. 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. The full operational results can be found at this link: https://www.gemfieldsgroup.com/operational-update/.
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