IN BRIEF: Gemfields completes $50 million sale of Faberge

Related news

Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Confirms that it completed the disposal of Faberge Ltd to SMG Capital LLC on Friday. Gemfields previously announced on August 11 that it had agreed to sell its entire interest in Faberge for $50 million, with $45 million payable on completion and the remaining $5 million comprising quarterly revenue payments.

Current Johannesburg stock price: R 1.31

12-month change: down 53%

Current London stock price: 5.57 pence, down 3.1% on Monday

12-month change: down 52%

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.