and a net debt position of $80.5-million – before auction receivables of $33.9-million – as the company continues to fund the Montepuez ruby mine’s (MRM's) second processing plant.

Mining giant Gemfields posts impressive R3. 6 billion revenue for 2024, while managing challenges including net debt of $80.

Gemfields reported total auction revenue of $196m for 2024 on Friday, as it continued to invest in the expansion of its ...

Ruby is the father of Itay Chen, a 19-year-old Israeli-American who was taken captive by the Hamas terrorist organization on ...

Real-time index price for PHLX Canadian Dollar (XDC), along with buy or sell indicators, analysis, charts, historical performance, news and more ...

“The processing plant restarted soon afterward ... Besides Montepuez, Gemfields operates the Campos De Joia and Eastern Ruby Mining deposits. It also had a ruby project at Megaruma Mining, but has ...

Before the 15% export tariff, Gemfields suspended production at Kagem, citing market saturation from discounted emeralds.

A miner in the mountains of eastern Afghanistan poured water over a block of jade, exposing the green stone that is part of ...