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IN BRIEF: Gemfields hits new annual auction revenue record

ALN

Gemfields Group Ltd - London-headquartered gemstones supplier - Sets new annual auction revenue of $316 million in 2022, up 32% from $240 million in 2021. Gemfields owns 75% in Montepuez Ruby Mining Ltda in Mozambique. It also holds 75% of Kagem Mining Ltd in Zambia. The company operates a retail unit Faberge.

Current stock price in London: 17.50 pence, up 2.9% on Tuesday morning

12-month change: unchanged

Current stock price in Johannesburg: R 3.84, up 2.7%

12-month change: up 4.4%

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