Gemfields (original) (raw)
Gemfields Group Ltd (formerly Pallinghurst Resources Limited) is a company incorporated in Guernsey and headquartered in London, United Kingdom, and is a supplier of coloured gemstones. The company specializes in the mining, processing and sale of coloured gemstones, in particular emeralds and rubies. The group sells rough, uncut gemstones and does not operate any cutting and polishing facilities. The company owns the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. Gemfields produces around 25% of the world's emerald supply and around 50% of the world's ruby supply.
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dbo:abstract | Gemfields Group Ltd (formerly Pallinghurst Resources Limited) is a company incorporated in Guernsey and headquartered in London, United Kingdom, and is a supplier of coloured gemstones. The company specializes in the mining, processing and sale of coloured gemstones, in particular emeralds and rubies. The group sells rough, uncut gemstones and does not operate any cutting and polishing facilities. The company owns the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. Gemfields produces around 25% of the world's emerald supply and around 50% of the world's ruby supply. In addition to the gemstone mining and production assets the Group also owns and operates the Fabergé luxury brand. Gemfields holds additional stakes in companies based in Zambia, Mozambique, Ethiopia and Madagascar. It also holds an indirect minority stake of 6.5% in platinum-group metals producer Sedibelo Platinum Mines Limited. In May 2017, Gemfields Group Limited (then called Pallinghurst Resources Limited) announced the terms of an offer to acquire the entire issued, and to be issued, share capital of Gemfields Ltd (then known as Gemfields plc and listed on AIM), other than the Gemfields Ltd shares already held by Gemfields Group Limited at that time, which was approximately 47%. Under the terms of the offer, each Gemfields Ltd shareholder was entitled to receive 1.91 Gemfields Group Ltd shares for each Gemfields Ltd share. The acquisition completed in late 2017 and Pallinghurst Resources Limited changed its name to Gemfields Group Limited following its annual general meeting in June 2018. Gemfields Ltd thereby became a 100% subsidiary of Gemfields Group Limited. In February 2020, Gemfields Group Limited relisted on London's AIM stock exchange. The company is currently dual listed on the JSE and AIM. In July 2009, Gemfields Ltd held its first emerald auction. To date, the company has held 38 auctions of rough emerald and beryl produced from Kagem which have generated revenues totalling USD 712 million. In June 2014, Gemfields plc held its first auction of rubies and corundum from the Montepuez Ruby Mine in Singapore. To date, the company has held 14 auctions of ruby and corundum produced by Montepuez Ruby Mining Limitada (MRM) and which have generated revenues totalling USD 643 million. In 2019, Gemfields paid £5.8 million to settle a lawsuit in relation to allegations of human rights abuses against Mozambican and foreign nationals on or around the Montepuez Ruby Mine. The allegations included beatings, shootings, and sexual assault. (en) |
dbo:assets | 7.84E8 |
dbo:foundingYear | 2007-01-01 (xsd:gYear) |
dbo:industry | dbr:Jewellery dbr:Mining |
dbo:keyPerson | dbr:Chief_executive_officer dbr:Chief_financial_officer dbr:Chairman |
dbo:locationCity | dbr:United_Kingdom dbr:London dbr:Headquarters dbr:Guernsey dbr:Registered_office dbr:St_Peter_Port |
dbo:numberOfEmployees | 2372 (xsd:nonNegativeInteger) |
dbo:operatingIncome | 7.19E7 |
dbo:product | dbr:Gemstone |
dbo:revenue | 2.162E8 |
dbo:revenueYear | 2019-01-01 (xsd:gYear) |
dbo:thumbnail | wiki-commons:Special:FilePath/Gemfields_logo.svg?width=300 |
dbo:type | dbr:Dual-listed_company |
dbo:wikiPageExternalLink | https://www.gemfieldsgroup.com/ |
dbo:wikiPageID | 37366823 (xsd:integer) |
dbo:wikiPageLength | 14061 (xsd:nonNegativeInteger) |
dbo:wikiPageRevisionID | 1122620618 (xsd:integer) |
dbo:wikiPageWikiLink | dbr:Cabo_Delgado_Province dbr:Ruby dbr:Sapphire dbr:Beryl dbr:Pegmatites dbr:United_Kingdom dbc:Companies_based_in_the_City_of_Westminster dbr:Corundum dbr:Chief_executive_officer dbr:Chief_financial_officer dbr:Gemstone dbr:Mozambique dbr:London dbr:Lusaka dbr:Madagascar dbr:Singapore dbr:Zambia dbr:Emerald dbr:Mazengia_Demma dbr:Tourmaline dbr:Dual-listed_company dbr:Garnet dbr:Headquarters dbr:Jewellery dbr:Alternative_Investment_Market dbr:Ethiopia dbr:Fidelity_International dbr:Ninety_One_plc dbc:Gemstone_mines dbr:Guernsey dbr:JSE_Limited dbc:Mining_companies_of_the_United_Kingdom dbr:Chairman dbr:Registered_office dbr:Fabergé dbr:Mining dbr:Restoration_ecology dbr:Share_capital dbr:Backfill dbr:St_Peter_Port dbr:Eco-Age |
dbp:assets | 7.84E8 |
dbp:assetsYear | 2019 (xsd:integer) |
dbp:homepage | (en) http://www.gemfields.com|(Consumer site) (en) http://www.gemfieldsgroup.com |
dbp:hqLocationCity | dbr:United_Kingdom dbr:London dbr:Headquarters dbr:Guernsey dbr:St_Peter_Port (en) |
dbp:incomeYear | 2019 (xsd:integer) |
dbp:industry | Mining and Jewellery (en) |
dbp:keyPeople | (en) David Lovett (en) Martin Tolcher (en) Sean Gilbertson (en) |
dbp:logo | Gemfields logo.svg (en) |
dbp:name | Gemfields Group Ltd (en) |
dbp:numEmployees | 2372 (xsd:integer) |
dbp:numEmployeesYear | 2019 (xsd:integer) |
dbp:operatingIncome | 7.19E7 |
dbp:products | Coloured gemstones (en) |
dbp:revenue | 2.162E8 |
dbp:revenueYear | 2019 (xsd:integer) |
dbp:tradedAs | / LSE:GEM (en) |
dbp:type | dbr:Dual-listed_company |
dbp:wikiPageUsesTemplate | dbt:Advert dbt:COI dbt:Convert dbt:Cvt dbt:Infobox_company dbt:Multiple_issues dbt:Reflist dbt:Start_date_and_age dbt:JSE |
dcterms:subject | dbc:Companies_based_in_the_City_of_Westminster dbc:Gemstone_mines dbc:Mining_companies_of_the_United_Kingdom |
gold:hypernym | dbr:Company |
rdf:type | owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 yago:WikicatMiningCompanies yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:MiningCompany108003619 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity dbo:Organisation yago:SocialGroup107950920 |
rdfs:comment | Gemfields Group Ltd (formerly Pallinghurst Resources Limited) is a company incorporated in Guernsey and headquartered in London, United Kingdom, and is a supplier of coloured gemstones. The company specializes in the mining, processing and sale of coloured gemstones, in particular emeralds and rubies. The group sells rough, uncut gemstones and does not operate any cutting and polishing facilities. The company owns the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. Gemfields produces around 25% of the world's emerald supply and around 50% of the world's ruby supply. (en) |
rdfs:label | Gemfields (en) |
owl:sameAs | freebase:Gemfields yago-res:Gemfields wikidata:Gemfields https://global.dbpedia.org/id/4kpzD |
prov:wasDerivedFrom | wikipedia-en:Gemfields?oldid=1122620618&ns=0 |
foaf:depiction | wiki-commons:Special:FilePath/Gemfields_logo.svg |
foaf:homepage | https://www.gemfieldsgroup.com/ |
foaf:isPrimaryTopicOf | wikipedia-en:Gemfields |
foaf:name | Gemfields Group Ltd (en) |
is dbo:occupation of | dbr:Mazengia_Demma |
is dbo:wikiPageWikiLink of | dbr:List_of_companies_of_the_United_Kingdom_A-J dbr:ZCCM_Investments_Holdings dbr:House_of_Fabergé dbr:Mazengia_Demma dbr:Economy_of_Zambia dbr:Mila_Kunis dbr:Fabergé_(cosmetics) |
is foaf:primaryTopic of | wikipedia-en:Gemfields |