Browsing: Diamond

Gemfields is pleased to announce that it will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering

Gemfields is pleased to announce the publication of a Prospectus in relation to the issuance of 556,203,396 New Shares to raise approximately USD30 million by way of a fully underwritten Rights Issue (the “Rights Issue”), as originally announced on 11 April 2025

Shareholders are advised that an Extraordinary General Meeting (“EGM”) was held today, Monday 19 May 2025, in relation to the issuance of 556,203,396 New Shares to raise approximately USD30 million by way of a fully underwritten Rights Issue (the “Rights Issue”), as originally announced on 11 April 2025

This Mother’s Day, express your love and gratitude with a promise that shines forever. A Divine Solitaires diamond is more than just a gift – it’s a reflection of the quiet strength, endless care, and lasting love only a mother can give.

In an unforgettable celebration of craftsmanship and culture, Vummidi Bangaru Jewellers (India) Pvt. Ltd. (VBJ), and legendary fashion designer Anju Modi came together to orchestrate an evening of breathtaking artistry at The Leela Palace, Chennai

The 10% additional tariff levied by the US, which accounts for nearly a third of Indian natural diamond exports, will exacerbate the impact on Indian diamantaires from already-subdued demand and intensifying competition from lab-grown diamonds (LGDs), which closely resemble natural diamonds and cost much less. In the milieu, export revenues of diamantaires will decline ~8-10% in fiscal 2026.

Natural Diamonds Shine Brighter with Purpose: SRK Sets New Sustainability Benchmark for the Industry
In a powerful demonstration of how natural diamonds can lead the way in environmental stewardship, Shree Ramkrishna Exports Pvt. Ltd. (SRK) has earned international recognition for its pioneering sustainability practices. The company’s efforts were recently honored with the Top Environmental Impact Project of the Year at the prestigious E+E Leader Awards — a moment of pride not just for SRK, but for the global natural diamond and gems industry.

In the wake of increasing trade tensions and a weakened US Dollar, COMEX Gold prices surged by 7%, reaching $3254, marking a significant rise year-to-date. As investors seek safe havens, gold’s appeal grows amidst concerns over inflation, economic slowdown, and geopolitical risks. Augmont Gold highlights the strengthened case for higher gold allocations in such an uncertain global environment, with further gains expected if the dollar weakness persists. However, caution is advised as rapid price increases may lead to potential corrections

Gemfields announces the publication of the Company’s audited Annual Report and Accounts for the year ending 31 December 2024 (“2024 Annual Report”). The content of this short form announcement is the responsibility of the board of directors of the Company. Shareholders are advised that this short form announcement represents a summary of the information contained in the Annual Report and does not contain full or complete details of the financial results.

In accordance with paragraph 3.4(b) of the JSE Listings Requirements, Gemfields shareholders are advised that the Company is reasonably certain of its expected financial results for the year ended 31 December 2024.