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Share Price Information for Gemfields Grou. (GEM)
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Intraday Gemfields Grou. Share Chart
Gemfields first ruby auction generates $33.5 mln
June 18 (Reuters) - Precious stones miner Gemfields Plc said its inaugural ruby and corundum auction held inSingapore generated revenue of $33.5 million.
Gemfields, which mines rubies from its Montepuez deposit inMozambique, said the average realised price was $18.43 per caratfor the auction held during June 12-17.
Aggregate consolidated revenue from rough gemstone sales forthe year ending June 30 now exceeded $143 million, the companysaid. The London-listed miner produces about a fifth of theworld's rough emeralds. (Reporting by Karen Rebelo in Bangalore; Editing by GopakumarWarrier)
Latest GEM News
- Friday broker round-up UPDATE
9 May 2014 - Gemfields boosts revenue from emerald auctions
6 May 2014 - Gemfields Reports Good Revenue From May Auction
6 May 2014 - CORRECT: Gemfields Sees "Sound" Quarter On Healthy Gemstone Market
2 May 2014 - Gemfields Sees "Sound" Quarter Buoyed By Health Gemstone Market
2 May 2014 - UK BROKER RATINGS: Bernstein Raises AstraZeneca Target To Pfizer Bid
2 May 2014 - UPDATE 1-Gemfields quarterly production, grades fall
2 May 2014 - Emerald miner Gemfields third-quarter production falls
2 May 2014
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Mozambique tightens grip on mining with 15% state stake rule, local processing
* Mozambique pushing for local processing, joining African peers
Gemfields Grou. News
Friday broker round-up UPDATE
Advanced Medical Solutions: Numis ups target price from 105p to 121p and retains its hold recommendation. Arrow Global: Numis upgrades from add to bu...
Gemfields boosts revenue from emerald auctions
Coloured gemstone miner and trader Gemfields has increased revenues from its emerald auctions by more than half, paving the way for more expansion. G...
Gemfields Reports Good Revenue From May Auction
LONDON (Alliance News) - Gemfields PLC Tuesday said revenues from its most recent auction of high quality emeralds stood at USD13.5 million, compared ...
CORRECT: Gemfields Sees "Sound" Quarter On Healthy Gemstone Market
LONDON (Alliance News) - Gemfields PLC said Friday that it has seen a "sound" quarter to end March, buoyed by a healthy underlying market for gemstone...
Gemfields Sees "Sound" Quarter Buoyed By Health Gemstone Market
LONDON (Alliance News) - Gemfields PLC said Friday that it has seen a "sound" quarter to end March, buoyed by a healthy underlying market for gemstone...
UK BROKER RATINGS: Bernstein Raises AstraZeneca Target To Pfizer Bid
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:----------FTSE 100----------BERENBERG RAISES ASTRAZEN...
UPDATE 1-Gemfields quarterly production, grades fall
(Adds outlook, analyst comment, background) May 2 (Reuters) - Precious stones miner Gemfields Plc reported a sharp fall in third-quarter production a...
Emerald miner Gemfields third-quarter production falls
May 2 (Reuters) - Precious stones miner Gemfields Plc reported a sharp fall in third-quarter production as unseasonably high rainfall in Zambia hurt ...
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