Description

Gemfields Group Limited, along with its various subsidiaries, functions primarily as a mining enterprise. Its operations are structured across six distinct divisions: Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development assets, Faberge, Corporate, and Other. The company is actively engaged in the extraction of precious stones including emeralds, beryl, rubies, and corundum. Additionally, it oversees the wholesale and retail distribution of jewelry and timepieces, leveraging its own boutiques, international wholesale partners, faberge.com, and various online marketplaces, complemented by consumer-focused marketing campaigns. Beyond its primary gemstone activities, the group holds investments in Platinum Group Metals (PGMs), manganese, and iron ore, and also sells cut and polished gemstones. Incorporated in 2007, this Guernsey-based company, headquartered in Saint Peter Port, was formerly known as Pallinghurst Resources Limited before officially changing its name to Gemfields Group Limited in June 2018.