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Gemfields hit by Indian policy

Indian demonetisation and a mixed bag of operations results marked Gemfields’s 2016 second half.

Alex Hamer
Gemfields will be looking for a better 2017 from Kagem

Gemfields will be looking for a better 2017 from Kagem

On revenue of US$51 million the miner made an after-tax loss of $13.6 million, compared to a profit of $8.2 million in 2015 for the same six-month period.  Rough emerald and beryl production was down...

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