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GEMFIELDS GROUP LIMITED - Monthly operational market update 31 December 2018

Release Date: 05/04/2019 08:00
Code(s): GML     PDF:  
 
Wrap Text
Monthly operational market update – 31 December 2018

GEMFIELDS GROUP LIMITED
(formerly Pallinghurst Resources Limited)
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: GML.BH ISIN: GG00BG0KTL52
Share code on the JSE: GML
("Gemfields" or the "Company")


Monthly Operational Market Update – 31 December 2018

Gemfields shareholders are advised that the Company has released information about its business related and
operational results and financial position up to and including 31 December 2018. The figures have been produced on
a monthly-basis for Gemfields’ 75% owned Kagem emerald mine, its 75% owned Montepuez ruby mine and Fabergé
– the iconic luxury brand. The operational results can be found on the Company’s website at
www.gemfieldsgroup.com.

Shareholders are advised that all figures are approximated and are unaudited for which the directors assume full
responsibility.

Additional information on Gemfields

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’ outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage - enables
Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones, advancing the wider
group’s “mine and market” vision.

Gemfields has developed a proprietary grading system and a pioneering auction and trading platform to provide a
consistent supply of coloured gemstones to downstream markets, a key component of Gemfields’ business model
and has played an important role in the growth of the global coloured gemstone sector.

Further information on Gemfields Group Limited can be found at www.gemfieldsgroup.com.

For any press enquiries please contact us on investor.relations@gemfields.com.



Guernsey

5 April 2019

Sponsor
Investec Bank Limited

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