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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Proactive news summary: 88 Energy, Amedeo, Caledonia Mining, Gemfields, Oilex, REM, Sound Energy ...
Atlantic Coal mulls leaving AIM while Caledonia Mining proposes moving its HQ to Jersey
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Gemfields hails US$29mln ruby sale
A total of 90,642 carats were sold, which was 98% of the lots by weight or 95% by market value, fetching US$317.92 per carat. Thirty six companies placed bids.
Broker update: Gemfields well-placed ahead of next auction
Companies covered: Dixons Carphone, Gemfields, Home Retail Group, Ironveld, Mothercare
Investments and investor services
Proactive news highlights: Gemfields, Summit Therapeutics, Tekcapital, Regency Mines, Tern and more
Akers Biosciences, Central Asia Metals and Deltex Medical Group also had news out on Monday
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Gemfields flourishes as coloured gems market revives
Gemfields has gone from strength to strength since Ian Harebottle took the reins six years ago
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Gemfields rises after sparkling auction results
The first auction of Kagem minerals outside Zambia since June 2012 has been very successful.
Broker spotlight: Investec cuts price targets for miners
Update: Comment added on Bezant and Galileo.
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In the news with RFC Ambrian:
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Proactive news summary: Allergy Therapeutics, Berkeley Energy, Forbidden Technologies, Gemfields ...
Pride of place goes to Plethora Solutions, after Jim Mellon's Regent Pacific offered to take it over.
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Gemfields reveals “very positive start” to financial year
The first quarter trading update has revealed an improved performance at the Kagem emerald mine and rising sales at the Fabergé jewellery business.
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Fabergé takes prize at the 'Oscars' of global watch industry, says Gemfields
A ladies' Fabergé watch has walked away with a prestigious Swiss watchmakers industry prize, revealed Gemfields (LON:GEM), which owns the luxury jewellery business.
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Plenty of upside still at Gemfields, says broker
Both the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique have scope to expand further, according to broker finnCap.
Proactive weekly mining round-up including Asiamet, Gemfields, KEFI, Xtract, Mariana and Metal Tiger
There was a lot of big news from the small cap miners this week...
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FTSE100 closes flat with miners the big gainers
Miners were the big risers of the day but Footsie finished flat at 6,325 after some volatile trading at the end of play.