Possible Government Ban on Emerald Auctions Outside Zambia
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Date08 Apr 2013
Pursuant to applicable LSE-AIM regulations, Gemfields plc (AIM : GEM) hereby notifies its shareholders of a possible ban by the Zambian government on the Company’s ability to sell its gemstones outside of the country. Such measures are potentially detrimental to the Zambian gemstone sector and would prevent the Company from being able to freely sell its gemstones in the markets where it believes it would realise the best prices.