WGM

Gemfields previously advised that the emerald bulk‐sampling operations of Web Gemstone Mining plc (“WGM”), an Ethiopian company in which Gemfields holds a 75% interest, were overrun by a mob (estimated at between 300 and 500 persons) on 29 June 2018. WGM’s employees, contractors and service providers were safely evacuated on the same day, with two members of the WGM team suffering minor injuries at the hands of the mob, both of whom have since made full recoveries.

Gemfields regrets to advise that on Friday 29th June 2018, a mob estimated at between 300 and 500 persons overran the operations of Web Gemstone Mining plc (“WGM”), an Ethiopian company in which Gemfields holds a 75% interest. The remaining 25% interest belongs to 50 individuals, either individually or through a mining cooperative comprising of local villagers, the majority of which are drawn from the nearby village of Web.