Gemfields taps shareholders for R580m after hits from unrest, luxury downturn
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Gemfields taps shareholders for R580m after hits from unrest, luxury downturn
Ruby and emerald miner Gemfields, which also owns jeweller Fabergé, reported a surge in losses in 2024. It will look to tap shareholders for $30 million (R580 million) after battling a market downturn and the effects of civil unrest in Mozambique.
·South Africa
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