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India

Gemfields Group Ltd (GMLJ.J)

GMLJ.J on Johannesburg Stock Exchange

171.00ZAc
13 Dec 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
171.00
Open
171.00
Day's High
171.00
Day's Low
171.00
Volume
69,470
Avg. Vol
439,067
52-wk High
220.00
52-wk Low
113.00

Latest Key Developments (Source: Significant Developments)

Gemfields Says Martin Tolcher To Replace Brian Gilbertson As Chairman
Monday, 18 Nov 2019 

Nov 18 (Reuters) - Gemfields Group Ltd ::JSE: GML - CHANGE OF CHAIRMAN.BRIAN GILBERTSON WILL STEP DOWN AS CHAIRMAN.MARTIN TOLCHER, WHO HAS SERVED ON BOARD SINCE Nov. 25, 2008, WILL TAKE OVER AS CHAIRMAN OF COMPANY.  Full Article

Gemfields Says Recent Trading Range Of Co's Share Price "Undervalues Company"
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Gemfields Group Ltd ::JSE: GML - UPDATE ON DISTRIBUTION POOL.GEMFIELDS - CONTINUES TO BELIEVE THAT RECENT TRADING RANGE OF GEMFIELDS SHARE PRICE "UNDERVALUES COMPANY".GEMFIELDS - WILL AS SOON AS PRACTICABLE SEEK SHAREHOLDER APPROVAL TO INCREASE NUMBER OF SHARES THAT MAY BE REPURCHASED DURING 2019 CALENDAR YEAR.GEMFIELDS - ANY SHARE PURCHASES WOULD BE FUNDED USING PART OR ALL OF REMAINING DISTRIBUTION POOL.  Full Article

Gemfields Posts HY HEPS Of $0.01
Friday, 20 Sep 2019 

Sept 20 (Reuters) - Gemfields Group Ltd ::REVIEWED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2019.GEMFIELDS HAS NOT DECLARED AN INTERIM DIVIDEND..HY EPS/HEPS $0.01 VERSUS $0.01 YEAR AGO.HY REVENUE $89 MILLION VERSUS $102.1 MILLION.  Full Article

Gemfields Says Part Of Distribution Pool Should Be Used To Fund Larger Share Buyback
Thursday, 27 Jun 2019 

June 27 (Reuters) - Gemfields Group Ltd ::JSE: GML - SHARE BUY-BACK AND INTENDED SPECIAL DIVIDEND.BOARD HAS RE-CONSIDERED MOST SUITABLE DEPLOYMENT OF DISTRIBUTION POOL.BOARD BELIEVES PROPORTION OF DISTRIBUTION POOL SHOULD BE USED TO FUND LARGER SHARE BUYBACK.WILL CANCEL SHARES BOUGHT BACK ON ROLLING BASIS UNDER PRESENT SHARE BUYBACK, THEREFORE REDUCING SHARE CAPITAL OF CO.AFTER LARGER BUYBACK, BALANCE OF DISTRIBUTION POOL TO BE PAID OUT AS SPECIAL DIVIDEND ON COMPLETION OF BUYBACK.FULL DISTRIBUTION POOL WOULD STILL BE PASSED TO SHAREHOLDERS.PROPOSED SPECIAL DIVIDEND OF $24.7 MILLION WOULD REPRESENT DISTRIBUTION OF $0.0175/SHARE.SHAREHOLDER FEEDBACK INDICATED PREFERENCE THAT GREATER EMPHASIS BE PLACED ON SHARE BUY-BACK.  Full Article

Gemfields Group Announces Gold Exploration Joint Venture In Mozambique
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Gemfields Group Ltd ::JSE: GML - GOLD EXPLORATION JOINT VENTURE IN MOZAMBIQUE.GEMFIELDS GROUP LTD - NEW JOINT VENTURE COMPANY WILL BE INCORPORATED IN MOZAMBIQUE WITH GEMFIELDS OWNING 75% AND MWIRITI 25%.GEMFIELDS - TO ESTABLISH JV CO WITH MWIRITI LIMITADA TO EXPLORE AND PROGRESS OPPORTUNITIES ARISING FROM 12 GREENFIELD LICENCES.GEMFIELDS GROUP LTD - MWIRITI WILL RECEIVE FROM JOINT VENTURE AN ADVANCE PAYMENT OF USD 3 MILLION AGAINST MWIRITI'S SHARE OF FUTURE EARNINGS.  Full Article

Gemfields Group Reports FY Headline Loss Per Share Of US$0.03
Monday, 25 Mar 2019 

March 25 (Reuters) - Gemfields Group Ltd ::GEMFIELDS GROUP LTD - FY HEADLINE EARNINGS PER SHARE WERE A LOSS OF US$0.03.GEMFIELDS GROUP - GROUP REVENUES FOR YEAR OF US$206.1 MILLION (12 MONTHS TO DECEMBER 2017: US$81.7 MILLION AND 12 MONTHS TO JUNE 2017: US$158.3 MILLION).GEMFIELDS GROUP LTD - YEAR SAW COMPANY FACE CONSIDERABLE CHALLENGES IN ETHIOPIA, MOZAMBIQUE AND ZAMBIA.GEMFIELDS GROUP LTD - BIGGEST CHALLENGE OVER COMING MONTHS WILL BE IN ZAMBIA.  Full Article

Gemfields Group Sees FY Headline Loss Per Share To Be ZAR 0.43
Friday, 22 Mar 2019 

March 22 (Reuters) - Gemfields Group Ltd ::GEMFIELDS TRADING STATEMENT.HEADLINE LOSS PER SHARE IS EXPECTED TO BE ZAR 0.43 FOR FY.EARNINGS FOR YEAR ARE EXPECTED TO BE ZAR 227.1 MILLION (ZAR70.5 MILLION LOSS FOR COMPARATIVE PERIOD).  Full Article

Pallinghurst Resources expects NAV to be ZAR7.6 bln at Dec 31 2017
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Pallinghurst Resources Ltd ::PALLINGHURST RESOURCES SAYS ‍EARNINGS PER SHARE IS EXPECTED TO BE USC 4.0 FOR YEAR ENDED 31 DECEMBER 2017 COMPARED TO EARNINGS PER SHARE OF USC 6.0 A YEAR AGO.‍IN ZAR TERMS, PRL EXPECTS NAV TO BE ZAR7.6 BILLION AT 31 DECEMBER 2017 (ZAR5.0 BILLION AT 31 DECEMBER 2016)​.‍EXCLUDING BARGAIN PURCHASE GAIN, HEADLINE LOSS PER SHARE IS EXPECTED TO BE USC 6.0 FOR YEAR ENDED 31 DECEMBER 2017​.  Full Article