US EditionGemfields post $101m loss in 2024 amid post-election violence
Summary by Zitamar
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
All
Left
Center
Right
Gemfields Takes Loans to Support Business as Loss Widens
Gemfields recorded a loss in 2024 amid a weak demand for gemstones, borrowing money to keep the business afloat. The miner expects to report a loss of $100.8 million for the year, compared with a loss of $2.8 million in 2023, it estimated in a trading update last week. The steeper loss is primarily the result of an impairment on its Kagem emerald mine in Zambia, which is temporarily shut, as well as a slowdown in demand for those gems due to he…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
