MRM & Kagem, revenues totaled US$ 60 mn
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...