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Sean Gilberton Pallinghurst
Gemfields Names Post-Takeover CEO
Gemfields’ new owner, Pallinghurst Resources, has appointedSean Gilbertson as CEO of the colored-gemstone producer following the resignationof the miner’s senior executives.Gilbertson (pictured), an executive director of Pallinghurst, is alongstanding member of Gemfields’ board and was closely...
Gemstones Aug 07, 2017 Rapaport News
Gemfields rough emerald 140
Gemfields Reluctantly Bows to Fosun Takeover Bid
Gemfields’ management has recommended shareholders accept a $323.8 million (GBP 256million) takeover offer from China’s Fosun Gold, describing it as a betteroption than an earlier proposal by Pallinghurst Resources.Gemfields’ independent committee still considers the Fosunoffer to be unfair...
Gemstones Jun 20, 2017 Rapaport News
ruby
Gemfields Sets $55M Auction Record
Gemfields recorded its highest auction total as it sold$54.8 million worth of rubies and corundum in Singapore last week.The sale fetched an average of $61 per carat for895,848 carats, out of just over 1 million carats that were...
Gemstones Jun 19, 2017 Rapaport News
Gemfields rubies
Gemfields Sees Robust Demand at Ruby Auction
Gemfields sold $30.4 million worth of rubies and corundum atan auction in Singapore last week as prices indicated a healthy market for gemstones.The company sold 1.1 million carats, out of a total 1.4 million carats offered...
Gemstones Dec 22, 2016 Rapaport News
Rough emerald
India Cash Crunch Stalls Gemfields Auction
Gemfields has pushed back a sale of higher-qualityemeralds by two months to enable Indian buyers to adapt to the government’s decisionto invalidate higher-value currency notes. The auction of stones from the Kagem mine in Zambia will nowtake place...
Gemstones Dec 04, 2016 Rapaport News
ruby
Gemfields Ramps Up Ruby Output
Gemfields’ rough ruby and corundum production exceededthe company’s guidance in the past fiscal year as output from its Montepuezmine in Mozambique jumped 23 percent.Production of 10.3 million carats in the 12 months toJune 30 was above the miner’s...
Gemstones Aug 01, 2016 Rapaport News
ruby
Gemfields to Sell Matching Ruby Pair at Singapore Auction
Gemfields will sell a pair of matching rough rubies weighing a total of 45 carats at its next auction to be held from June 16 to 21 in Singapore.The gemstones were found at Gemfields' Montepuez mine in Mozambique. The Singapore auction will be dedicated to selling...
Rough Markets Jun 09, 2015 Ronen Shnidman
Mila Kunis
Gemfields 1H Revenue Jumps, Profit Triples
Gemfields plc reported that its revenue rose 57 percent year on year to $103.4 million during the six months that ended on December 31. The company attributed the rise to strong demand at its gemstone auctions...
Gemstones Mar 09, 2015 Deena Taylor
Buyers at Gemfields Auction
Gemfields Emerald and Beryl Auction Achieves $15M
Gemfields plc. sold 10.1 million carats of lower-quality emeralds and beryl from its Kagem mine in Zambia for $14.5 million, or an average of $3.72 per carat, The auction set a new record average value per...
Gemstones Mar 02, 2015 Deena Taylor
Mila Kunis
Gemfields' 3Q Kagem Production -45%
Gemfields reported that emerald and beryl production at its Kagem mine in Zambia dropped 45 percent year on year to 3.6 million carats during the third quarter that ended on March 31, with the decline in output...
Gemstones May 04, 2014 Deena Taylor
Buyers at Gemfields Auction
Gemfields Auction Achieves $16M
Gemfields plc. sold 4.9 million carats of lower-quality emeralds and beryl from its Kagem mine in Zambia for $16.4 million, or an average of $3.32 per carat. The auction was held in Lusaka and was 90 percent...
Gemstones Nov 18, 2013 Deena Taylor
Gemfields
Gemfields' Auction Nets $27M in Singapore
Gemfields raised $26.8 million from its auction of predominantly higher-quality rough emerald and beryl in Singapore between October 29 and November 2, 2012.The company offered about 925,000 carats for sale of which 902,000 carats were...
Rough Markets Nov 07, 2012 Dilipp S Nag
Buyers at Gemfields Auction
Gemfields' Auction Nets $9M in Jaipur
Gemfields raised $9 million from its auction of predominantly lower-quality rough emerald and beryl in Jaipur between June 9 and June 13, 2012.The company offered 10.85 million carats for sale of which 3.47 million carats...
Rough Markets Jun 20, 2012 Dilipp S Nag
Gemfields
Jaipur Rough Emerald Auction Nets Gemfields $11M
Gemfields concluded its auction of predominantly lower-quality rough emerald and beryl in Jaipur, India, on November 25, 2011, achieving a sales total of $11 million. Gemfields offered 10.8 million carats for sale of which 9.8 million...
Rough Markets Nov 30, 2011 Dilipp S Nag
Gemfields
Gemfields Looking to Acquire Sapphire Mine
Gemfields Plc is interested in acquiring a sapphire mine to broaden its portfolio and boost its global market share.“Without a doubt we would love to bring a great sapphire mine into our portfolio,” Ian Harebottle (pictured), the chief...
Mining Nov 14, 2011 Dilipp S Nag
GJEPC
GJEPC Plans Colored Gemstone Conference in Thailand, China
The Gem & Jewellery Export Promotion Council (GJEPC) plans to take its “International Colored Gemstone Mines to Market Conference” to Thailand and China in the future to drive industry growth, following positive responses from the...
Rough Markets Nov 04, 2011 Dilipp S Nag
GJEPC Aims to Boost Colored Gemstone Exports
The Gem & Jewellery Export Promotion Council (GJEPC) aims to expand the exports of colored gemstone “significantly” in the next three years given such huge potential.GJEPC on Wednesday hosted the first “International Colored Gemstone Mines to Market Conference” in Jaipur, popularly known as the Pink City of India,...
Rough Markets Nov 02, 2011 Dilipp S Nag
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