Gemfields Grou. Share News (GEM)

UPDATE 1-Gemfields first-half revenue dazzles on higher prices

* Revenue jumps 137 percent to $65.7 mln * EBITDA falls about 8 pct to $18 mln * Shares down marginally By Karen Rebelo March 3 (Reuters) - Precious stones miner Gemfields Plc's revenue for the first half more than doubled as demand for its emeralds mined in Zambia grew a

Gemfields Revenues Double But Pretax Profit Falls On Higher Expenses

LONDON (Alliance News) - Gemfields PLC Monday said its pretax profit fell significantly in its first half as costs and administrative expenses offset a large increase in sales. The rare coloured gemstones mining company, with operations in Zambia and 100% ownership of Faberge Limited, said

Emerald miner Gemfields first-half core earnings fall

March 3 (Reuters) - Precious stones miner Gemfields Plc's core earnings for the first half fell about 8 percent hurt by higher production costs. Core earnings or earnings before interest, tax, depreciation and amortization (EBITDA) for the six months ended Dec. 31 fell to $18 million from

UK BROKER RATINGS: Numis Cuts RSA To Reduce; Shore Cuts RBS To Hold

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY RAISES WEIR PRICE TARGET TO 2250 (2040) PENCE - 'EQUAL-WEIGHT' <br />----------<br />UBS RAISES WEIR GROUP PRIC

Gemfields Notes Record Revenues From Recent Auction

LONDON (Alliance News) - Gemfields PLC Wednesday said it has continued to achieve strong revenues after its Zambian auction of predominantly higher quality rough emerald and beryl from February 21 to 25. The rare coloured gemstones mining company, with operations in Zambia and 100% ownershi

Gemfields Zambian emerald auction generates record revenue

Feb 26 (Reuters) - Gemfields Plc, producer of about a fifth of the world's rough emeralds, said revenues from its latest auction in Zambia were a record $36.5 million. Shares of the company, owner of the luxury jewellery brand Fabergé, rose as much as 3 percent in early trading. Gemf

Gemfields Achieves Strong Revenues In Half Even As Production Falls

LONDON (Alliance News) - Gemfields PLC Monday said it saw strong revenues in its first half despite a fall in production levels and grade in the second quarter. The rare coloured gemstones mining company, with operations in Zambia and 100% ownership of Faberge Limited, said its emerald and

UK BROKER RATING CHANGES: Three Brokers Cut Kingfisher Price Target

Gemfields Makes USD16.4 Million In Auction Revenues From Lower Grade Gems

UK BROKER RATING CHANGES: Goldman Cuts Debenhams To Sell

Monday broker round-up UPDATE

Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin

BROKER RATING CHANGES: Canaccord Raises Moneysupermarket To Buy

Gemfields obtains record prices at two emerald auctions

Zambia-focused miner Gemfields saw record prices for its stones at its two most recent auctions. The predominantly higher quality emeralds sold at an auction between July the 15th and 19th, in Lusaka, Zambia, fetched a record average price of 54 US dollars per carat, for a 26% increase over the pr

Gemfields Positive On Higher Grades During Third Quarter, Despite Lower Production

Gemfields Receives Positive Auction Results In India