Ruby Auction Results
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Date08 Apr 2021
Gemfields is pleased to announce the results of a ruby auction comprising a series of seven sequential mini- auctions held during the period 15 March – 8 April 2021. The auction contained a selection of grades that are typically offered at Montepuez Ruby Mining Limitada’s (“MRM”) auctions of mixed quality rubies. Selected lots were made available for in-person and private viewings by customers in Bangkok, Dubai and Jaipur. Following the viewings, the auctions took place via an online auction platform specifically adapted for Gemfields and which permitted customers from multiple jurisdictions to participate in a sealed-bid process.
Mining operations and auction update
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Date01 Mar 2021
Gemfields Group Limited (“Gemfields”) hereby provides an update regarding its mining operations and planned auction programme for the first half of 2021.
Monthly Operational Market Update – 31 December 2020
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Date01 Feb 2021
Gemfields shareholders are advised that the Company has released information about its operational results and financial position up to and including 31 December 2020. The 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.
Sales, costs and cash update
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Date18 Dec 2020
Gemfields shareholders are advised that the Company has released information about its business related and operational results and financial position up to and including 30 June 2020. The 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.
Trading, Corporate & COVID-19 Update
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Date29 Jul 2020
The Company hereby provides a trading and corporate update including in respect of the COVID-19 pandemic. Gemfields’ priority remains the health and wellbeing of its employees, host communities and customers while striving to safeguard the viability and value of the Company. In each of its countries of operation, Gemfields continues to monitor closely the guidance and advice of the relevant authorities.
Monthly Operational Market Update – 30 June 2020
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Date29 Jul 2020
Gemfields shareholders are advised that the Company has released information about its business related and operational results and financial position up to and including 30 June 2020. The 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.
Mozambican Government dismantles gemstone trafficking networks in Cabo Delgado province
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Date11 Jul 2020
Mozambican authorities announced on 29 June 2020 that they have dismantled gemstone trafficking networks in Montepuez, in the province of Cabo Delgado, seizing just over four tonnes of various minerals including tourmaline, gold, corundum, quartzites and garnets, in addition to several grams of rubies.
COVID-19 Update: MRM & Corporate
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Date22 Apr 2020
The Company hereby provides a further update on mitigating actions taken in response to the COVID-19 pandemic. The impact of COVID-19 continues to evolve rapidly and it is not yet possible to predict the full extent of the impact on the Company’s operations and revenues. The wellbeing of Gemfields’ employees and host communities continues to remain the Company’s overriding priority and to guide actions undertaken by the Company to navigate the months ahead.
Artisanal miner incursion at Montepuez
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Date13 Feb 2020
The Company announces that the “Maninge Nice 3” mining pit belonging to Montepuez Ruby Mining Limitada (“MRM”, in which Gemfields holds a 75% interest) has experienced a coordinated incursion by approximately 800 artisanal miners, vastly outnumbering the MRM security personnel and Mozambican police present at that location at the time.
Monthly Operational Market Update – 31 December 2019
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Date12 Feb 2020
Gemfields shareholders are advised that the Company has released information about its business related and operational results and financial position up to and including 31 December 2019. The 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.