Lower gemstone prices hit results as the miner readies new ruby output and cuts net debt sharply year over year.
Gemfields also reported a net debt position of USD 39.2 million at year-end, before auction receivables of USD 20.5 million.
LONDON, 30 JANUARY 2026 Gemfields shareholders are advised that the Company has released information about its operational results and financial position to 31 December 2025 ...
Gemfields Group reported auction revenues of $128.5m for the year ended 31 December on Friday, and said it had completed the funding of a major expansion project at its Montepuez ruby operation in ...
The project entails the construction of an additional processing plant at Montepuez. The addition of the second plant will triple MRM’s processing capacity from 200 t/h to 600 t/h, enabling the ...
Two people have been killed by security forces protecting infrastructure related to Gemfield's Montepuez (MRM) ruby mine in Mozambique amid a flare-up in civil unrest in the region, which led to the ...
New explorer outlines early success ahead of MiningNews Select Australia 2025 A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining ...
Mozambique is expected to have its new mineral regulations in place before year-end. Read on page 18 of this edition of Mining Weekly of Mineral Resources Ministry permanent secretary Alfredo Nampete ...