Gemfields shines on sale of luxury jewelled egg maker Fabergé

Gemfields

11/08/2025 09:13

** UK-listed shares of Gemfields Group GEMGE.L rise 3.1% to about 5.875p

** Miner sells Fabergé Ltd to SMG Capital for $50 million as part of business streamlining

** Proceeds to be used for capital at mining operations in Mozambique and Zambia

** As of last close, shares of Gemfields down ~14.5% YTD

(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))