Proactive news highlights: Andes Energia, Aureus Mining, Gemfields, Mariana and more...
Gemfields hits a new record, Mariana expects to complete a new resource estimate and Telit strikes a new deal for its internet of things platform.
Company
Gemfields Group Limited
LON:GEM
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.
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Gemfields: Another sparkling auction result
It netted US$5.15 per carat, a new high for lower quality stones, as it raked in a total of US$14.3mln from the sale.
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Proactive mining highlights: Aureus, Botswan Diamonds, Gemfields, Tembo Gold, Red Rock...
The weekly wrap up of small cap mining news from Proactive.
Proactive news highlights: Diamondcorp, Forbidden Technologies, Gemfields,..
ITM Power announced that London's first hydrogen refuelling station is to open next week, Westminster Group awaits the arrival of the Sierra Princess and Deltex Medical reconfigures its probe tip.
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Gemfields on course to meet full-year production guidance
CEO Ian Harebottle hailed another pleasing quarter of solid production
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BP's dividend safer than it looks, in Barclays' view
Great news for the pension funds of UK PLC if Barclays is right about BP's dividend. Also covered: Gemfields, Tesco, Anglo American
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Proactive news summary: Pan African Resources PLC, Gemfields PLC, Obtala ..
Obtala's new melons, Bushbeld sets sights on energy storage and a record auction for Gemfields.
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Gemfields PLC salutes record-breaking emeralds auction
"Our return to Lusaka has delivered another strong - and indeed record - result," said Ian Harebottle, CEO of Gemfields
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Jefferies downgrades targets on Glaxo and Astra
US heavyweight Jefferies looks at global pharma today and downgraded Glaxo and AstraZeneca...
FTSE 100 shrugs off Brexit concerns
The blue chip index was 70 points higher at 6,022, as campaigning started in earnest for the referendum in four months time.
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Gemfields still in growth phase, Investec says
The previous financial year was weighted to the first half, but this year will see a more even mix
Week Ahead: Banking season arrives
It's a heavy week for trading updates, with the banks to the fore
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Mining highlights: Mandalay Resources, Tertiary Minerals, European Metals, Aureus Mining, Gemfields, and North River
Here are the small cap mining highlights for this past week.
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Gold's new trend
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Proactive news summary: Horse Hill, Gemfields, Motive Television, SolGold and more.
Big news at the Horse Hill discovery well, while Motive Television breaks the US and results from SolGold's latest drilling.
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Gemfields sparkles as coloured stone firm has bumper quarter
For the three months to December 31, which counts as Gemfields’ second quarter, output from the flagship Kagem mine was up strongly, while costs on a per carat basis fell significantly.
Dixons Carphone set for progress in 2016
Canadian broker RBC Capital Markets has made Dixons its general retail top pick for 2016,