Gemfields has released information about its operational results and financial position to 31 December 2025 for its shareholders. The Company produced these unaudited figures on a monthly basis for its 75%-owned Kagem emerald mine and its 75%-owned Montepuez ruby mine. Shareholders can find the full operational results and an Excel spreadsheet of Gemfields’ historic figures on the Company’s website at www.gemfieldsgroup.com/operational-update/.
Highlights
- Total auction revenues of USD 128.5 million for the year.
- Net debt position of USD 39.2 million (before auction receivables of USD 20.5 million) at 31 December 2025, as Gemfields finalised the funding of Montepuez Ruby Mining’s (“MRM”) second processing plant.
- The second processing plant (“PP2”) at MRM is now in its final commissioning stage, with the project being delivered materially on budget. Commissioning is anticipated to be completed imminently. The Group looks forward to introducing the first rubies produced by PP2 to the market at the February 2026 Mixed‑Quality ruby auction.
- Since focussed mining resumed at Kagem in May 2025, premium emerald recoveries have met expectations. Notably, the yield included Imboo, a 11,685-carat emerald displaying an intense, verdant colour. Kagem continued to run an additional night shift at the upgraded processing plant throughout 2025, which enabled processing of historic stockpiles, and has supported a positive outturn in emerald production.
Gemfields will provide commentary on its operational performance and financial results in its full-year results and Annual Report, which the company will publish on 26 March 2026. Shareholders should note that all figures in this operational update remain unaudited, and the directors assume full responsibility for them.
About SVAR Media Network – India’s Best Source for Jewellery News, Magazines, Newsletters and Media
India’s Leading Jewellery Media Network
SVAR Media Network is India’s No. 1 Destination for Jewellery News, setting the gold standard in timely, trusted and trend-driven coverage across the Gems & Jewellery industry…
Innovation in Jewellery Media
Recognized as Asia’s one of the Best Media in Jewellery & one of the World’s Best Jewellery Media, SVAR Media Network sets unparalleled standards in the Gems & Jewellery industry…
What SVAR Media Network Offers
Renowned as India’s Best Jewellery Magazine & Leading Jewellery Media, SVAR blends legacy with cutting-edge innovation by delivering:
• Best-in-class Jewellery Magazine
• AI-Powered Jewellery News via SVARA AI
• Gems & Jewellery Podcasts
• Digital Newsletters
• ISO 9001:2015 Certification
• Meta Verified Jewellery Media Brand
Ranked #1 among the Top 5 Gems & Jewellery News Websites, Top 10 Jewellery Magazines in India, & Most Influential Jewellery Media Brands, SVAR Media Network is your Trusted Source for Accurate, Fast, & Future-Focused Jewellery News.
Why Industry Professionals Trust SVAR
Ranked among the Top Gems & Jewellery News Websites and Leading Jewellery Media Brands, SVAR Media Network remains the trusted source for accurate, fast and future-focused jewellery news.
Comprehensive Media Services
SVAR Media Network offers a diverse range of services including Monthly Magazines, Digital Newsletters, AI-Driven News Bulletins, Social Media Promotions, Website Blogs & Articles, WhatsApp Updates, Podcasts and more.
Explore the World of Gems & Jewellery with SVAR Media Network — Your Best Source for Trusted, Trend-Setting Jewellery News & Mediapp Updates, Podcasts & more…
