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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
- Wednesday broker round-up - UPDATE
3 Oct 2012 - Gemfields rises on resource update
2 Oct 2012 - FTSE 100 movers: Miners down on Japanese data
22 Aug 2012 - Gemfields increases production after delays
22 Aug 2012 - Sunday tips round-up: Gemfields, Old Mutual, JD Wetherspoon
11 Mar 2012 - Gemfields sparkles
5 Mar 2012 - Mining round-up: Goldfields, Gemfields and Toledo Mining
3 Oct 2011 - Gemfields is digging up a shiny profit
2 Aug 2011
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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
Wednesday broker round-up - UPDATE
African Barrick Gold: Westhouse Secuirites raises target from 464p to 495p. AG Barr: Panmure Gordon keeps hold rating and 440p target. AstraZeneca: ...
Gemfields rises on resource update
Shares in emerald miner Gemfields rose over nine per cent on Tuesday after the company announced a JORC compliant indicated mineral resource of 2.75m ...
FTSE 100 movers: Miners down on Japanese data
Metals and mining stocks dropped today after Japanese trade data disappointed, weighed on the outlook for demand. BHP Billiton fell after saying tha...
Gemfields increases production after delays
Emerald miner Gemfields said a new focus on waste mining and previously reported delays meant production at its mines was down a third in the last yea...
Sunday tips round-up: Gemfields, Old Mutual, JD Wetherspoon
Precious stone miner Gemfields has embarked on an expansion plan which, to date, seems to be reaping good returns. Thus, Gemfields owns 75% of one of ...
Gemfields sparkles
Coloured gems producer Gemfields is looking forward to ramping up production at it flagship mine in Zambia having laid the groundwork with a lengthy s...
Mining round-up: Goldfields, Gemfields and Toledo Mining
European Goldfields has agreed heads of terms with Qatar Holding for the provision of a $600m seven year senior secured loan facility with equity part...
Gemfields is digging up a shiny profit
Gemfields, the gemstones miner, has seen its share price edge north after delivering a record performance in the three month period and year ending 30...
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