GJ Town India

The Group’s net debt as 30 June at USD 61.2 mn   Recently, Gemfields announce the Company’s financial results for the six months to 30 June 2025 (2025 Interim Results and highlighted, Summarised Results. According to the Summarised Results, 1: total revenue for the six months to 30 June 2025 of USD 64.2 million. 2: EBITDA loss for the six months to 30 June 2025 of USD 4.9 million.   3: Free cash flow before working capital movements for the six months to 30 June 2025 of USD 22.1 million due to significantly lower auction revenue and substantial capital expenditure at Montepuez Ruby Mining (MRM) in Mozambique. The Group’s net debt position at 30 June 2025 was USD 61.2 million (before USD 16.1 million of auction receivables and which are now 100% collected). Sean Gilbertson, CEO of Gemfields, commented, “This has been a challenging first half marked by gemstone production difficulties at both mines. MRM experienced lower premium ruby output while Kagem Mining (Kagem) su...

  Gemfields auction revenues US$ 60 million in 1H 2025   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 interim results for the six months ended 30 June 2025- 1H.    Sean Gilbertson, CEO of Gemfields, commented, further to our operational update for the six months to 30 June 2025, which was published on 31 July, we are pleased to provide this trading statement ahead of the release of our Interim Results on Friday 26 September 2025.    Gemstone production proved challenging throughout the period at both mines, with Montepuez Ruby Mining (MRM) experiencing a decrease in the production of premium rubies and Kagem Mining (Kagem) having halted mining operations at the end of 2024, operating only the wash plant until May 2025 when two focussed emerald production points were re-opened. As ever, we are reminded that nature is no sup...