Description

Gemfields Group Limited (GML.JO) operates as a mining corporation, managing its diverse activities across six key divisions: Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development assets, Faberge, Corporate, and Other. The company's primary focus lies in the extraction of precious gemstones such as emeralds, beryls, rubies, and corundums. Beyond its mining ventures, Gemfields is actively involved in the global wholesale and retail of jewelry and watches, distributing these items through its own boutiques, international wholesale partners, its dedicated faberge.com website, and various online marketplaces. It also conducts consumer-focused marketing initiatives. Additionally, the company holds investments in platinum group metals (PGMs), manganese, and iron ore, and sells finished, cut, and polished gemstones. Founded in 2007, the entity was formerly known as Pallinghurst Resources Limited before adopting its current name in June 2018, with its headquarters located in Saint Peter Port, Guernsey.