Last checked at 20 Dec 2012 12:11
Gemfields plc
("Gemfields" or the "Company")
Result of AGM
20 December 2012
Gemfields plc (AIM: GEM) is pleased to announce that at the Annual General Meeting of the Company held earlier today ("AGM"), all resolutions proposed to shareholders were duly passed.
Gemfields' shareholders are reminded that a General Meeting of the Company will be held on 7 January 2013 at 11:00 a.m. (UK time).
Enquiries: | |
Gemfields | |
Dev Shetty, COO | +44 (0)20 7518 3402 |
Canaccord Genuity Limited | |
Nominated Adviser and Joint Broker to Gemfields | |
Tarica Mpinga/Andrew Chubb | +44 (0)20 7523 8000 |
JP Morgan Cazenove | |
Joint Broker to Gemfields | |
Jamie Riddell | +44 (0)20 7742 4000 |
Tavistock Communications | |
Jos Simson/ Emily Fenton / Jessica Fontaine | +44 (0)20 7920 3150 |
Notes to Editors:
Gemfields plc is a leading gemstone miner listed on the AIM market of the London Stock Exchange (ticker: GEM). The Company's principal asset is the 75% owned Kagem emerald mine in Zambia, the world's single largest emerald mine. In addition to the Kagem emerald mine, Gemfields has a 50% interest in the Kariba amethyst mine in Zambia.
The Company also owns a controlling stake in the highly prospective Montepuez ruby deposit in Mozambique and licences in Madagascar including ruby, emerald and sapphires deposits.
In July 2009 Gemfields commenced a formal auction programme for its Zambian emeralds. To date, the Company has held 11 auctions which have generated revenues totalling USD 160.5 million.