News and Announcements

Pallinghurst business update

Integration of Gemfields complete. Early but significant turn-around achieved. Six key strategic priorities are being pursued; and Pallinghurst share buy-back approved.


  • Strong operating performance in first months since Gemfields acquisition – revitalised production at Kagem
  • Record auction results – US$77 million generated
  • Gemfields debt level reduced since acquisition
  • Significant cost savings achieved
  • Six strategic priorities established for 2018
  • Board approves share buy-back programme