Gemfields
Gemfields is a dominant force in coloured-gemstone mining and marketing—controlling a substantial share of global emerald and ruby output through its Kagem (Zambia) and Montepuez (Mozambique) mines. Its business activities directly shape UK jewellery sourcing, pricing, and ethical supply-chain considerations. Jewellery Focus provides professionals with expert coverage of Gemfields’ operations: from auction results, production updates, and cost-cutting strategies to geopolitical impacts, governance developments, and brand actions (including its ownership of Fabergé). Our reporting equips UK jewellers, designers, suppliers, and valuers with the insights needed to navigate sourcing decisions, manage price risk, and maintain supply resilience.
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Jun- 2015 -9 JuneInternational
Gemfields discovers ‘exceptionally’ rare matching rubies
Gemfields, the coloured gemstone supplier, has said it has discovered an ‘exceptionally’ rare pair of matching rubies from its Montepuez mine in Mozambique. With a combined weight of 45 carats, the two rough rubies will now form one of the highlights at the company’s ruby auction, taking place in Singapore…
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Apr- 2015 -16 AprilCurrent Affairs
Gemfields’ emerald and beryl production triples in Q1
Gemfields has reported an increase in its production levels as emerald and beryl production rose significantly during the first quarter (Q1) of 2015. Production of emerald and beryl almost tripled in the first quarter of the year (ending March 31, 2015) at its 75%-owned Kagem mine with 9.9 million carats…
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Dec- 2014 -10 DecemberEvents
Gemfields reports record-sales at £27m ruby auction
Gemfields has announced the results of its recent higher quality rough ruby auction, which saw an average realised price of $689 (£440) and total sales of $43.3m 27.6m – the highest value achieved at a Gemfields auction. The auction, hosted in Singapore from 3 to 8 of December, saw 62,936…
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2 DecemberProduct Launches
Gemfields partners with Mary Fisher to create ‘100 Good Deeds bracelet’
Gemfields, the coloured gemstone provider, yesterday announced the launch of its 100 Good Deeds Bracelet, scheduled to coincide with World AIDS day. Designed in collaboration with activist and designer Mary Fisher, and promoted in an advertising campaign featuring Mila Kunis, the bracelet is handcrafted by women in Zambia and features…
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Nov- 2014 -21 NovemberManufacturers
Gemfields’ latest auction records 11% rise in average carat price
Gemfields has announced its rough emerald and beryl auction snared $34.9m (£22.28m) total revenue, the second highest number ever achieved at any higher quality rough auction. The auction, held in Lusaka, Zambia on November 13-17, generated an average realised price of $65.89 (£42) per carat, a new record for higher…
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Jul- 2014 -25 JulyCurrent Affairs
Gemfields and Gübelin Gem Lab unveils more disclosure for gemstone reports
Gemfields and Gübelin Gem Lab have announced the introduction of a ‘next generation’ disclosure on laboratory-issued gemstone certificates. This new approach will increase the transparency on gemstone reports, giving dealers the right to waive their anonymity when submitting a stone for laboratory testing. Traditionally, gemstone certificates have been issued without…
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Jun- 2014 -18 JuneEvents
Gemfields success at inaugural ruby auction
Gemfields has generated total revenue of $33.5 million at its first rough ruby and corundum auction held in Singapore. The auction, which was held in Singapore from June 12 to 17, saw over 2.03 million carats of ruby and corundum placed on offer, of which 1.82 million carats were sold,…
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May- 2014 -8 MayInternational
Gemfields emerald auction sees 59% increase on last year
Gemfields rough emerald auction saw a 59 per cent increase on revenue over the prior auction of traded emeralds held last year. Of the 41 lots offered at the auction held in Jaipur, 21 were sold representing approximately 86 per cent of the market value. The gemstones sold comprised of…
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Apr- 2013 -10 AprilCurrent Affairs
Gemfields market value drops following Zambian government announcement
Following revelations that the Zambian government is putting plans into action to clean up its gemstone trade – to the detriment of many emerald producers – Gemfields has experienced its biggest one-day market value loss in four years.
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Feb- 2013 -20 FebruaryCelebrities
Mila Kunis announced as Gemfields global brand ambassador
Gemfields has delightedly announced actress Mila Kunis as the company’s new brand ambassador.
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