Miningweekly iconMiningweeklySep 25, 2026

Gemfields expects interim net loss to widen to $73m, but recoveries improving

Total auction revenues for the six months ended June 30 were $102.8-million.

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Total auction revenues for the six months ended June 30 were $102.8-million.

Aim-listed Gemfields has reported that its key operating assets, Montepuez Ruby Mining (MRM), in Mozambique, and Kagem Mining, in Zambia, generated revenues of $76.1-million and $26.7-million respectively...

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Total auction revenues for the six months ended June 30 were $102.8-million. Aim-listed Gemfields has reported that its key operating assets, Montepuez Ruby Mining (MRM), in Mozambique, and Kagem Mining, in Zambia, generated revenues of $76.1-million and $26.7-million respectively in the six months to June 30, compared with $38.9-million and $21.1-million respectively for the same period last year.

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Aim-listed Gemfields has reported that its key operating assets, Montepuez Ruby Mining (MRM), in Mozambique, and Kagem Mining, in Zambia, generated revenues of $76.1-million and $26.7-million respectively in the six months to June 30, compared with $38.9-million and $21.1-million respectively for the same period last year.

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