Gemfields Flags Strong Gemstone Auctions as New Ruby Plant Nears Completion

The latest update is out from Gemfields Group ( (PLLHF) ).

Gemfields Group has reported unaudited operational figures to 31 December 2025, highlighting total auction revenues of USD 128.5 million for the year and a net debt position of USD 39.2 million as it finalised funding for Montepuez Ruby Mining’s second processing plant. The new ruby processing plant is in its final commissioning phase, delivered largely on budget, with first rubies expected to be offered at a mixed‑quality ruby auction in February 2026, while focused mining at the Kagem emerald mine since May 2025 has produced premium emerald recoveries, including the notable 11,685‑carat ‘Imboo’ stone, and increased throughput from an added night shift has supported stronger emerald production. The company said detailed commentary on performance will follow with its full-year results and annual report in March, with directors assuming responsibility for the unaudited data released.

More about Gemfields Group

Gemfields Group is a world-leading miner and marketer of coloured gemstones, dual-listed in Johannesburg and on London’s AIM market. The company operates and owns 75% of Kagem Mining in Zambia, one of the world’s foremost emerald mines, and 75% of Montepuez Ruby Mining in Mozambique, located on a major ruby deposit, while also holding additional gemstone mining and prospecting interests across Africa. Gemfields has helped transform the coloured gemstone trade through a proprietary grading system and auction platform, and promotes responsible, transparent mining practices and community development around its operations.

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