Gemfields Articles
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  • Gemfields: Primed and geared for growth following Kagem’s auction success

    17/08/11

    Gemfields: Primed and geared for growth following Kagem’s auction success

    The Kagem mine is shrewdly touted as the home of the ethically produced, carbon neutral and ecologically “green” emerald. It is also synonymous with quality. Gemfields’ auctions are becoming a magnet for increasing numbers of gemstone suppliers. Following its latest auction success, research boutique Edison has placed a 36p a share target for the stock

  • Gemfields chief says the market is yet to grasp the company's full potential

    19/07/11

    Gemfields chief says the market is yet to grasp the company's full potential

    Last week's emerald auction produced record sales of almost US$32 million, while highlighting just how far the company has come in a relatively short space of time. Giving us a progress report an upbeat Ian Harebottle says the market still has not grasped the true potenial of Gemfields. 

  • Gemfields has turned the corner, more good things to come

    10/11/10

    Gemfields has turned the corner, more good things to come

    A sparkling set of prelims seems to have lit the blue touch-paper under the share price, which is up a quarter in the month since the company posted a maiden profit. The emerald producer’s turnaround has been masterminded by CEO Ian Harebottle, who has put the company on a very sound financial footing.

  • Sparkling maiden profit sets Gemfields shares soaring

    06/10/10

    Sparkling maiden profit sets Gemfields shares soaring

    The full-year results mark a stunning turnaround of the company in the past 12 months. Unsurprisingly, the shares have spiked higher. A note from the company's broker Canaccord Genuity gets behind the figures and comes to some interesting conclusions.

  • Gemfields completes first auction of emeralds, fetching US$5.9 million

    05/08/09

    Gemfields completes first auction of emeralds, fetching US$5.9 million

    On the operational front, Gemfields also reported encouraging progress.  Annual gemstone production increased to 349 carats per tonne (28 million carats from 800,000 tonnes)