Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGemfields Grou. Share News (GEM)

Share Price Information for Gemfields Grou. (GEM)

Share Price is delayed by 15 minutes
Get Live Data
3.25    -0.10 (-2.99%)
Bid:
3.00
Ask:
3.50
Spread: 0.50 (16.667%)
Market Cap: £56.04m
GEM Live PriceLast checked at - London Stock Exchange

Intraday Gemfields Grou. Share Chart

IN BRIEF: Gemfields records record revenues after ruby auction

Fri, 10th Dec 2021 09:22

(Alliance News) - Gemfields Group Ltd - London-headquartered gemstones supplier - Reports record revenues following ruby auction held between November 8 and December 9. The company recorded total auction revenues of USD88.4 million, an all-time high for Montepuez Ruby Mining Ltd ruby auctions. The average price was USD132.47 per carat. A ruby is a pinkish red to blood-red colored gemstone.

Gemfields said its annual gemstone auction revenues reached an all-time high of USD239.6 million - across emeralds and rubies - beating a record of USD200.6 million hit in 2019.

Current London stock price: 14.90 pence, up 4.6% Friday morning

Year-to-date change: up from 6.75p

Current Johannesburg stock price: ZAR3.00

Year-to-date change: up from ZAR1.35

By Artwell Dlamini; artwelldlamini@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related News

Gemfields shares tumble as CEO Sean Gilbertson exits amid challenges
30 Jun 2026

Gemfields shares tumble as CEO Sean Gilbertson exits amid challenges

(Alliance News) - Gemfields Group Ltd said on Tuesday Chief Executive Officer Sean Gilbertson will step down, with effect from July 15.

Gemfields generates $23.1m in auction, warns of Montepuez issues
30 Jun 2026

Gemfields generates $23.1m in auction, warns of Montepuez issues

(Sharecast News) - Gemfields said on Tuesday that its first Trade Select ruby auction generated $23.1m, although it warned that lower grades, plant co...

Mozambique's new mine ownership rules could deter foreign investment, industry body says
18 Jun 2026

Mozambique's new mine ownership rules could deter foreign investment, industry body says

VICTORIA FALLS, Zimbabwe, June 18 (Reuters) - Mozambique's new ​law ⁠requiring the state to have ​a 15% stake in all mining ventures could deter forei...

Gemfields Grou. News

Gemfields shares tumble as CEO Sean Gilbertson exits amid challenges
30 Jun 2026

Gemfields shares tumble as CEO Sean Gilbertson exits amid challenges

(Alliance News) - Gemfields Group Ltd said on Tuesday Chief Executive Officer Sean Gilbertson will step down, with effect from July 15.

Gemfields generates $23.1m in auction, warns of Montepuez issues
30 Jun 2026

Gemfields generates $23.1m in auction, warns of Montepuez issues

(Sharecast News) - Gemfields said on Tuesday that its first Trade Select ruby auction generated $23.1m, although it warned that lower grades, plant co...

Mozambique's new mine ownership rules could deter foreign investment, industry body says
18 Jun 2026

Mozambique's new mine ownership rules could deter foreign investment, industry body says

VICTORIA FALLS, Zimbabwe, June 18 (Reuters) - Mozambique's new ​law ⁠requiring the state to have ​a 15% stake in all mining ventures could deter forei...

Mozambique tightens grip on mining with 15% state stake rule, local processing
4 Jun 2026

Mozambique tightens grip on mining with 15% state stake rule, local processing

* Mozambique pushing for local processing, joining African peers

Latest Gemfields emerald auction generates $26.8m
22 May 2026

Latest Gemfields emerald auction generates $26.8m

(Sharecast News) - Gemfields said on Friday that its latest auction of higher-quality emeralds generated $26.8m, with demand described as stable but c...

IN BRIEF: Gemfields emerald revenue falls amid caution, Mideast crisis
22 May 2026

IN BRIEF: Gemfields emerald revenue falls amid caution, Mideast crisis

Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Says revenue generated from an emerald auction held in Bangkok from May ...

IN BRIEF: Gemfields mines deliver mixed G-factor for natural resources
9 Apr 2026

IN BRIEF: Gemfields mines deliver mixed G-factor for natural resources

Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Confirms that its "G-factor for natural resources" for its 75%-held Zamb...