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Page 17 - Gemfields Group Limited News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Investegate |Gemfields Group Ltd Announcements | Gemfields Group Ltd: Disclosure of beneficial interests in securities - Vimarsana News

Investegate |Gemfields Group Ltd Announcements | Gemfields Group Ltd: Disclosure of beneficial interests in securities

T: +44(0) 20 3757 4980     Gemfields is a world-leading supplier of responsibly sourced 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 licenses in Zambia, Mozambique, Ethiopia and Madagascar.   Gemfields' outrigh...

Investegate |Gemfields Group Ltd Announcements | Gemfields Group Ltd: Sales, costs and cash update - Vimarsana News

Investegate |Gemfields Group Ltd Announcements | Gemfields Group Ltd: Sales, costs and cash update

LONDON, 18 DECEMBER 2020 Gemfields shareholders are advised that the Company has released updated information about its sales, costs and cash position up to and including 11 December 2020 (unless otherwise stated). The information can be found on the Company's website at www.gemfieldsgroup.com .     At 11 December 2020, the Gemfields Group had cash balances of approximately USD 44.3 million, a gross debt position of USD 58.9 million, a resulting net debt position of approximately USD 14.6 million and, in addition, USD 12.0 million of auction re...

Sales, costs and cash update, 18 Dec 2020 10:10 - Vimarsana News

Sales, costs and cash update, 18 Dec 2020 10:10

LONDON, 18 DECEMBER 2020 Gemfields shareholders are advised that the Company has released updated information about its sales, costs and cash position up to and including 11 December 2020 (unless otherwise stated). The information can be found on the Company's website at www.gemfieldsgroup.com.     At 11 December 2020, the Gemfields Group had cash balances of approximately USD 44.3 million, a gross debt position of USD 58.9 million, a resulting net debt position of approximately USD 14.6 million and, in addition, USD 12.0 million of auction receivables due from auction customers.   As a...