Gemfields Group Limited (LSE:GEM) has posted strong results from its latest sale of commercial-grade rough emeralds, achieving USD 25.4 million in revenue with 45 of the 46 lots successfully placed. The performance caps off a difficult year for Kagem and brings Gemfields’ total Kagem auction revenues for 2025 to USD 79 million. Consistently firm pricing across all categories points to improving market conditions and renewed confidence after prior industry pressures. The proceeds of this auction will be fully repatriated to Kagem in Zambia with all royalties due to the Government of the Republic of Zambia being paid on the full sales prices achieved at the auction.
More about Gemfields Group
Gemfields Group Limited is a major producer of coloured gemstones, listed on both the Johannesburg Stock Exchange and London’s AIM market. The company owns 75% of Kagem Mining in Zambia, one of the world’s leading emerald operations, and also operates Montepuez Ruby Mining in Mozambique, home to extensive ruby resources. Gemfields is known for its proprietary grading methods and auction system, which have reshaped trading standards in the coloured gemstone sector. The group emphasizes transparency and responsible practices, investing in local communities and conservation programmes around its mining sites.
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