Gemfields Group Ltd 2016 AR2
The report highlights Gemfields' record performance for the financial year ended June 30, 2016, achieving total revenue of USD 193.1 million and EBITDA of USD 69.4 million. The company saw strong production of 30.0 million carats of emerald and beryl at its Kagem mine in Zambia and 10.3 million carats of ruby and corundum at its Montepuez mine in Mozambique. Gemfields continued to champion responsible sourcing and sustainability, investing USD 1.2 million in community projects at Kagem and establishing agricultural associations at Montepuez. Additionally, the company expanded its global footprint with new projects in Colombia, Ethiopia, and Sri Lanka, while its luxury brand Fabergé recorded a 33% revenue increase.
Company: Gemfields Group Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2016
Type: AR2
Pages: 136
Back to company
Gemfields Group Ltd
Annual Report And Financial Statements
The report highlights Gemfields' record performance for the financial year ended June 30, 2016, achieving total revenue of USD 193.1 million and EBITDA of USD 69.4 million. The company saw strong production of 30.0 million carats of emerald and beryl at its Kagem mine in Zambia and 10.3 million carats of ruby and corundum at its Montepuez mine in Mozambique. Gemfields continued to champion responsible sourcing and sustainability, investing USD 1.2 million in community projects at Kagem and establishing agricultural associations at Montepuez. Additionally, the company expanded its global footprint with new projects in Colombia, Ethiopia, and Sri Lanka, while its luxury brand Fabergé recorded a 33% revenue increase.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees