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Gemfields hit by Indian policy

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

Gemfields hit by Indian policy Gemfields hit by Indian policy Gemfields hit by Indian policy Gemfields hit by Indian policy Gemfields hit by Indian policy

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.