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By Brenton Cordeiro April 22 (Reuters) - Emerald miner Gemfields Plc reported a 7 percent decline in average per-carat prices at its lower-quality gemstone auction earlier this month, hurt by a recent directive by the Zambia government that prevents the overseas sale of gemstones mined in
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In the price or further to go? That is the classic question asked of any stock and which investors are now asking of the country's main recruiting firms as they gear up for their first quarter earnings results, due out this week. These will be particularly important given the inherent lack of forwar
Read moreUK stocks finished moderately higher on Monday, rebounding after a heavy sell-off the previous session, with markets managing to hold on to gains despite a shaky start on Wall Street as investors turned cautious ahead of US earnings season. US benchmarks were trading slightly lower after the openin
Read more* Zambia says auctioning of emeralds should be held in the country * Gemfields says its next auction in Lusaka in April April 8 (Reuters) - Precious stones miner Gemfields Plc said the Zambia government's potential ban on overseas auctioning of gemstones could hurt revenue at its cor
Read moreUK stocks were making gains on Monday morning, rebounding after a steep sell-off on Friday, as investors showed optimism ahead of the new US earnings season which kicks off later this evening. Stock futures on Wall Street are pointing to a positive start when the opening bell rings in a few hours'
Read more(Corrects company's name in paragraph 2 to Gemfields from Gemstone) April 8 (Reuters) - Precious stones miner Gemfields Plc said the Zambian government could curb its ability to sell gemstones outside the country, potentially hurting revenue at its core Kagem emerald mine in north Zambia.<
Read moreAIM-listed gemstone miner Gemfields could be hit by a possible ban by the Zambian government of its ability to sell stones outside of the country, the firm announced on Monday morning, causing shares to tank early on. "Such measures are potentially detrimental to the Zambian gemstone sector and wou
Read moreAIM-listed mining company Gemfields posted a decline in revenues for the half year ended December 31st, which pushed net profit after tax for the period firmly lower. The group, which blamed the decline on fewer auctions occurring during the period, delivered a pre-tax profit of $9.4m (2011: $31.1
Read moreMarch 4 (Reuters) - Emerald miner Gemfields Plc said first-half core earnings fell 39 percent as it held just one auction during the period compared with two in the prior year, but production climbed by two-thirds. Demand for precious stones and jewellery has been volatile, hit by the euro
Read moreUK small caps fall 0.3 percent in early trade, outperforming bigger falls by the mid caps <.FTMC, down 0.5 percent, and the blue chips, off 0.6 pecent. E2V Technologies drops 19.5 percent in heavy volumes after warning that revenue for the six months to end-March would be "approximately hal
Read moreJan 30 (Reuters) - Emerald miner Gemfields Plc said production in the second quarter rose 69 percent owing to higher grades recovered at its Kagem mine in Zambia. The company produced 6.6 million carats in the quarter ended Dec. 31 at Kagem, its only producing mine, up from 3.9 million cara
Read moreAIM-listed mining company Gemfields has announced an update on the proposed acquisition of high-end jewellery firm Fabergé. At Fabergé's general meeting on December 17th, Fabergé shareholders approved the merger of Fabergé with Runway SPV, a wholly owned subsidiary of Gemfields. Gemfields reported
Read moreAIM-listed mining company Gemfields gas has snapped up a 75 per cent stake in a Mozambican ruby project. The company, which has a market capitalisation of £99.59m, entered into a conditional agreement to acquire a controlling interest in an additional ruby deposit located adjacent to the company's
Read moreSome of Barclays's biggest investors have urged Antony Jenkins, the bank's new chief executive, to take an axe to its investment bank. At meetings with investors in recent weeks, at least three of the 30 biggest shareholders have told Mr Jenkins and other senior Barclays executives that the UK group
Read moreGemfields, a gemstone miner and marketing company, is proposing to acquire the entire issued share capital of luxury jewellery company Fabergé by way of merger in the Cayman Islands, in a bid to create 'a globally recognised coloured gemstone champion'. Under the deal, the two companies will merge
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