Petra to fall short on diamond production for the year to...
Petra Diamonds has chopped its forecast diamond production for the year to end-June by between 8% and 9% and also estimated that revenues will be...
Pallinghurst to delist Gemfields from UK as wins takeover battle
PALLINGHURST Resources has won the battle for Gemfields after a sufficient number of the coloured gemstones miner and marketing firm's shareholders supported Pallinghurst's all-scrip...
Gemfields takeover battle shifts to make-or-break vote on June 26
AN independent committee formed by Gemfields has thrown down the gauntlet to Pallinghurst Resources by saying the Johannesburg-listed company may not win sufficient shareholder...
Gemfields urges shareholders to accept Fosun 18% premium offer
GEMFIELDS has sought to win an improved offer from Pallinghurst Resources after recommending a formal offer for the company lodged today by Fosun Gold,...
Pallinghurst wins 61% support for controversial Gemfields bid
PALLINGHURST Resources has claimed enough support to make its $150m all-share offer for Gemfields unconditional with just over 60% of total shareholders in the...
Fosun promises China riches in 10% bid premium for Gemfields
HONG Kong-listed conglomerate Fosun International has put flesh on the bones of its potential rival offer for Gemfields saying it would pay a 10%...
Pallinghurst faces battle as Gemfields engages rival suitor
PALLINGHURST Resources may be drawn into a bidding war for control of Gemfields after the UK-listed firm said it had solicited a "possible competing...
Are Gemfields minorities right to allege a Pallinghurst shake-down?
MINORITY shareholder rights are under the microscope after investment company, Pallinghurst Resources, unveiled a takeover offer for Gemfields, a UK-listed coloured gemstone miner and...
Gemfields delivers stinging critique of “derisory” Pallinghurst bid
AN independent committee created to assess Pallinghurst Resources' proposed takeover of Gemfields has delivered a stinging criticism of the $150m proposal saying it served...
GEM lifts average sales price 13% as seeks recovery after Ghaghoo
GEM Diamonds said it had sold 39,950 carats for an average price of $1,636 per carat for the first three tenders of 2017 representing...