Gemfields Group GML.JO · ZAc

Its shares trade on JSE under the ticker GML.JO. It has been listed since 20 August 2008. In the fiscal year to 31 December 2024, it reported revenue of $212.9m and a net loss of $82.1m. At that date it held total assets of $611.2m and shareholders' equity of $345.7m.

Gemfields Group Ltd. engages in the exploration, mining, and sale of colored gemstones. The firm operates Kagem emerald mine in Zambia and Montepuez ruby mine in Mozambique. Kagem emerald mine covers an area of 41 square kilometer (sq) in the Ndola Rural Emerald Restricted Area and lies south of Kitwe and west of Ndola, in Zambia’s Copperbelt Province. Montepuez ruby mine is located in the northeast of Mozambique within the Cabo Delgado Province, which covers an area of 34,966 hectares. The company also owns Web Gemstone Mining plc, which holds 200 sq emerald exploration license in southern Ethiopia. The company also holds interest in various other gemstone mining. The company provides auction and trading platform to provide a supply of colored gemstones to markets. Its subsidiaries include Kagem Mining Limited, Montepuez Ruby Mining Limitada, Faberge Limited, Sedibelo Platinum Mines Limited and Jupiter Mines Limited.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Bruce CleaverIndependent Non-Executive Chairman of the Board
• Mr. Martin TolcherIndependent Non-Executive Chairman of the Board$130,000
• Mr. Sean GilbertsonChief Executive Officer, Executive Director, since 2017$1.2m
• Mr. David LovettChief Financial Officer, Executive Director, since 2018$773,000
• Mr. Toby HewittGroup General Counsel, Company Secretary
• Mr. Kwape MmelaLead Independent Non-Executive Director$65,000
• Mr. Lumkile MondiLead Non-Executive Independent Director$75,000
• Mr. Kieran DalyNon-Executive Director
• Mr. Carel MalanNon-Executive Director$65,000
• Mr. Patrick SaccoNon-Executive Director$61,000
• Ms. Mary ReillyIndependent Non-Executive Director$65,000
• Mr. Simon ScottIndependent Non-Executive Director

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