Liberum appointed as Nominated Adviser and Sole Broker to Gemfields Group Limited
We are pleased to announce that Liberum has been appointed as Nomad to Gemfields Group Limited. Liberum has been Joint Broker to Gemfields since August 2020.
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (the single largest producing ruby mine in the world).
In addition, through their outright ownership of Fabergé – one of the world’s most recognised luxury brand names - Gemfields is able to optimise positioning, perception and consumer awareness of coloured gemstones through Fabergé designs, advancing the wider group’s “mine and market” vision.
Gemfields has developed a proprietary grading system and a pioneering auction platform to provide a consistent supply of coloured gemstones to downstream markets, a key component of Gemfields’ business model that has played an important role in the growth of the global coloured gemstone sector.
Liberum Team
Investment Banking – Scott Mathieson, John More, Kane Collings, Anake Singh
Research – Ben Davis
Sales – Simon Fickling