Gemfields Grou. Share News (GEM)

Gemfields Production Falls In Quarter, With Revenue Down At Faberge

Thursday broker round-up UPDATE

Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p. Aggreko: Morgan Stanley raises target price from 1300p to 1350p, while leaving its underweight rating unaltered. Clinigen: N+1 Sin

Wednesday broker round-up UPDATE

Ashtead Group: Barclays ups target price from 930p to 946p retaining its overweight rating. Berkeley Group: Numis upgrades from hold to buy with a target price of 2491p. Brown (N) Group: Oriel places its buy recommendation under review. BT Group: Jefferies ups target price from 440p to 470p and k

Gemfields Nets USD33.5 Million From Rough Ruby And Corundum Auction

LONDON (Alliance News) - Gemfields PLC Wednesday saw total revenues of USD33.5 million from its inaugural auction of rough ruby and corundum in Singapore between June 12 and 17. The rough ruby and corundum was extracted by Montepuez Ruby Mining Limitada, in which Gemfields has a 75% interes

Gemfields first ruby auction generates $33.5 mln

June 18 (Reuters) - Precious stones miner Gemfields Plc said its inaugural ruby and corundum auction held in Singapore generated revenue of $33.5 million. Gemfields, which mines rubies from its Montepuez deposit in Mozambique, said the average realised price was $18.43 per carat for the au

Friday broker round-up UPDATE

Advanced Medical Solutions: Numis ups target price from 105p to 121p and retains its hold recommendation. Arrow Global: Numis upgrades from add to buy with a target price of 285p. Bank of Georgia: Numis downgrades from buy to hold with a target price of 2708p. Barclays: Citi lowers target price f

Gemfields boosts revenue from emerald auctions

Coloured gemstone miner and trader Gemfields has increased revenues from its emerald auctions by more than half, paving the way for more expansion. Gemfields said it increased gross revenue from its second stand-alone auction of traded rough emeralds in Jaipur, India, by 59% to $13.5m, compared to

Gemfields Reports Good Revenue From May Auction

LONDON (Alliance News) - Gemfields PLC Tuesday said revenues from its most recent auction of high quality emeralds stood at USD13.5 million, compared with USD8.5 million it recorded at an auction in September 2013. The rare coloured gemstones mining company said the emeralds sold at the Jai

CORRECT: Gemfields Sees "Sound" Quarter On Healthy Gemstone Market

LONDON (Alliance News) - Gemfields PLC said Friday that it has seen a "sound" quarter to end March, buoyed by a healthy underlying market for gemstone and ongoing increase in global demand for emeralds and other coloured gemstones. Its 75% owned Kagem Mining Ltd company in Zambia produced 3

Gemfields Sees "Sound" Quarter Buoyed By Health Gemstone Market

LONDON (Alliance News) - Gemfields PLC said Friday that it has seen a "sound" quarter to end March, buoyed by a healthy underlying market for gemstone and ongoing increase in global demand for emeralds and other coloured gemstones. Its 75% owned Kagem Mining Ltd company in Zambia produced 3

UK BROKER RATINGS: Bernstein Raises AstraZeneca Target To Pfizer Bid

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3775 (3570) PENCE - 'HOLD'
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BERNSTEIN RAISES ASTRAZENECA PRICE

UPDATE 1-Gemfields quarterly production, grades fall

(Adds outlook, analyst comment, background) May 2 (Reuters) - Precious stones miner Gemfields Plc reported a sharp fall in third-quarter production as high unseasonal rainfall in Zambia hurt output from its core Kagem mine. Production fell about 45 percent to 3.6 million carats of em

Emerald miner Gemfields third-quarter production falls

May 2 (Reuters) - Precious stones miner Gemfields Plc reported a sharp fall in third-quarter production as unseasonably high rainfall in Zambia hurt output from its core Kagem mine. Production fell about 45 percent to 3.6 million carats of emerald and bery for the quarter ended March 31.Read more

Gemfields Gets USD15 Million Working Capital Facility

LONDON (Alliance News) - Gemfields PLC Thursday said it has agreed to a USD15 million unsecured, 12 month working capital facility with Pallinghurst Resources Ltd. The rare coloured gemstones mining company, with operations in Zambia and 100% ownership of Faberge Limited, said the facility

Wednesday broker round-up UPDATE

Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central