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Gemfields generates USD58.9 million in revenue from ruby auction Thu, 8th Apr 2021 16:39 (Alliance News) - Gemfields Group Ltd announced on Thursday that it had generated revenue of USD58.9 million from an online ruby auction, conducted from March 15 to April 8. The London and Johannesburg-listed gemstone supplier said the figure is its third highest auction result to date and saw 52 companies placing bids with 95% of the number of lots being sold. Operations at Gemfields's Montepuez ruby mine in Mozambique were suspended from April 2020 to March 2021, with no revenue realised there for 2020...

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...

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Fri, 18th Dec 2020 19:58 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Ocado Group PLC - FTSE 100-listed online supermarket - Appoints Mastercard Inc Chair Richard Haythornthwaite as independent non-executive chair. Haythornthwaite will be appointed following company's annual general meeting in May, but will join the board on January 1. He is replacing Stuart Rose, who is retiring after serving 8 years as chair. Ocado notes Haythornthwaite will retire from Mastercard, where he has served sinc...