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PRESS RELEASE: Gemfields Showcases 36-Carat Ruby and Expands Offering at June 2025 Auction

Gemfields is pleased to announce that it will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering. This section lies within the concession of Montepuez Ruby Mining (MRM), which is situated on one of the most significant recently discovered ruby deposits in the world. MRM is located in the Montepuez district of Cabo Delgado province in Mozambique

PRESS RELEASE: Kagem to recommence focused open-pit mining

Gemfields is pleased to announce that Kagem Mining Limited (“Kagem”), the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the Government of the Republic of Zambia through the Industrial Development Corporation of Zambia (“IDC”), will shortly recommence a programme of focused open-pit mining to recover more premium emeralds. As announced on 23 December 2024, alongside other cost cutting measures, Kagem suspended all mining from 1 January 2025 to focus on processing ore from Kagem’s significant ore stockpile utilising the upgraded processing plant. Emerald production from the processing plant in 2025 so far, in terms