Explore Sapphire Gemfields 2019-2021
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Gemfields Group H1 Results
Gemfields Group H1 results Coloured gemstones outperforming diamonds Metals & mining 26 September 2019 All signs point to continued strength in the market for coloured gemstones, which is in contrast to the weak diamond market conditions. Price ZAR1.6 Against this backdrop, Gemfields delivered solid half-year results with Market cap ZAR2,102m EBITDA of US$33.1m (up 3% year-on-year). The company ended June with ZAR14.99/US$ net cash of US$35.5m, up from US$9.8m in December, driven by the partial Net cash (US$m) at 30 June 2019 35.5 sale of its stake in Jupiter, as well as free cash flow from operations. Shares in issue 1,314m Free float 60% Revenue PBT* EPS* DPS P/E Yield Year end (US$m) (US$m) (c) (c) (x) (%) Code GML 12/17 81.7 55.8 3.9 0.0 2.7 0.0 Primary exchange Johannesburg 12/18 206.1 (22.5) (2.3) 0.0 N/A 0.0 12/19e 191.1 22.2 0.4 0.6 27.0 5.7 Secondary exchange Bermuda 12/20e 216.2 27.6 0.1 0.0 74.5 0.0 Share price performance Note: *PBT and EPS are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Coloured gemstone market signals are all positive Investors concerned that weak diamond market conditions may also be reflected in coloured gemstones should take heart from Gemfields’ most recent auction results: at Montepuez Ruby Mining’s (MRM’s) June auction 98% of lots sold by weight and one lot achieved a record price per carat; Kagem’s August auction totalled US$18.6m – the highest for a commercial quality auction since November 2015. -
Gemfields Group AIM Listing
Gemfields Group AIM listing A Valentine’s Day gift for the AIM market Metals & mining 17 February 2020 Fittingly for a coloured gemstone company, Gemfields began trading on London’s AIM market on 14 February. We continue to see significant value Price ZAR2.14 in this stock, which was previously under the radar, and our updated sum- Market cap ZAR2,506m of-the-parts valuation is US$522m (previously US$449m). The removal of ZAR14.87/US$ the 15% export duty on Zambian emeralds has a significant positive impact Net cash (US$m) at 31 December 2019 25.4 on Kagem, which we now value at US$246m (previously US$153m). We Shares in issue (excluding treasury 1,171m expect Gemfields to generate US$75m in EBITDA in 2020 (previously shares) US$59m), putting it on a 2020e EV/EBITDA of just 1.8x. Free float 72% Code GML Revenue PBT* EPS* DPS P/E Yield Year end (US$m) (US$m) (c) (c) (x) (%) Primary exchange Johannesburg 12/17 81.7 55.8 3.9 0.0 3.7 N/A Secondary exchange AIM 12/18 206.1 (22.5) (2.3) 0.0 N/A N/A 12/19e 213.2 42.8 1.6 0.0 9.0 N/A Share price performance 12/20e 233.8 42.7 1.0 0.0 14.4 N/A Note: *PBT and EPS are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Kagem export tax suspension is a significant positive In late 2019, Zambia announced the suspension of the 15% export duty on emeralds (introduced in 2019) from January 2020. -
Gemfields Group Initiation of Coverage
Gemfields Group Initiation of coverage Dazzling Metals & mining 8 April 2019 Gemfields Group Limited (Gemfields) provides investors with exposure to major producing coloured gemstone mines at Montepuez Ruby Mining Price ZAR1.75 (MRM – rubies) and Kagem Mining (Kagem – emeralds) with additional Market cap ZAR2,300m value upside from the potential turnaround of Fabergé and its investments US$/ZAR14.2; US$/A$1.41 in Sedibelo Platinum Mines (Sedibelo – platinum group metals) and Jupiter Net cash (US$m) at 31 December 2018 9.8 Mines (Jupiter – manganese). Our sum-of-the-parts (SOTP) valuation of Shares in issue 1,314m Gemfields totals ZAR5.01/share. (excl treasury shares) Free float 56% Revenue PBT* EPS* DPS P/E Yield Code JSE: GML Year end (US$m) (US$m) (US$) (US$) (x) (%) 12/17 81.7 55.8 0.04 0.0 3.1 N/A Primary exchange JSE 12/18 206.1 (22.5) (0.02) 0.0 N/A N/A Secondary exchange BSX 12/19e 211.9 21.3 0.00 0.0 N/A N/A 12/20e 225.0 24.8 0.00 0.0 N/A N/A Share price performance Note: *PBT and EPS are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Profitable and cash flow-generative core assets MRM and Kagem are producing, profitable, cash flow-generative core assets and Gemfields’ 2018 results demonstrate the strength of the investment proposition. The group generated EBITDA of US$58.9m (a 29% EBITDA margin) and free cash flow before movements in working capital of US$26.9m, ending 2018 with net cash of US$9.8m and US$41.4m of auction receivables. -
C Ouncil Minu
General Council Meeting Meeting of the Central Highlands Regional Council held in the Council Chambers, 65 Egerton Street, Emerald on Wednesday, 28 July 2021 Commenced at 9.00am TES MINU OUNCIL C MINUTES – GENERAL COUNCIL MEETING – WEDNESDAY 28 JULY 2021 – PAGE 2 CENTRAL HIGHLANDS REGIONAL COUNCIL GENERAL MEETING OF COUNCIL WEDNESDAY 28 JULY 2021 MINUTES CONTENTS PRESENT .................................................................................................................................................... 3 APOLOGIES ................................................................................................................................................ 3 LEAVE OF ABSENCE ................................................................................................................................. 3 ACKNOWLEDGEMENT OF COUNTRY ...................................................................................................... 3 CONFIRMATION OF MINUTES OF PREVIOUS MEETING ......................................................................... 3 General Council Meeting: 14 July 2021 ........................................................................................................ 3 REVIEW OF UPCOMING AGENDA ITEMS ................................................................................................. 4 CONFLICT OF INTEREST ........................................................................................................................... 4 PETITIONS (IF ANY) .................................................................................................................................. -
2011-12-Annual-Report-Inc-Financial-Report.Pdf
2011 - 2012 Contents About Central Highlands Regional Council ................................................................ 2 Our Vision ................................................................................................................. 3 Our Mission ............................................................................................................... 3 Our Values and Commitment .................................................................................... 3 A Message from Our Mayor and CEO ....................................................................... 4 Our Mayor and Councillors April 28 2012 – June 30 2012 ......................................... 5 Our Mayor and Councillors 2011 – April 28 2012 ...................................................... 7 Our Senior Executive Team ...................................................................................... 9 Our Employees ....................................................................................................... 11 Community Financial Report ................................................................................... 13 Assessment of Council Performance in Implementing its Long Term Community Plan ................................................................................................................................ 19 Meeting Our Corporate Plan Objectives .................................................................. 19 Achievements by Department ................................................................................ -
An Easy Way to Find Your Very Own Gemfields Emerald
An Easy Way To Find Your Very Own Gemfields Emerald LONDON, 26 APRIL 2021 With the green shoots of spring now all around, jewellery lovers’ thoughts will turn to emeralds, the birthstone of May, symbolising hope, peace and renewal. And for those who yearn for a cut and polished, responsibly sourced emerald to call their own, a natural port of call is Eshed – Gemstar. Eshed is a longstanding partner of Gemfields – a world-leading supplier of responsibly sourced coloured gemstones – who specialises in Zambian emeralds and has one of the largest collections of certified emeralds from the Kagem mine in Zambia. Buying through them, or via one of the other trusted sellers Gemfields work with, means owning a top-quality Gemfields gemstone really is as easy as a few clicks. Gemfields Limited, 1 Cathedral Piazza, London, SW1E 5BP, United Kingdom Tel: +44 20 7518 3400 gemfields.com A third-generation family-owned business led by Avraham Eshed, Eshed has over 80 years of experience of working to the highest standards. The company, which has won a raft of industry awards, prides itself on its master cutting skills and state-of-the-art technology; it has a well- deserved international reputation for excellence, supplying high-end jewellers and retailers all over the world. With offices in Los Angeles, Hong Kong, New York and Israel, where its factory is located, Eshed is used to catering to the most discerning customers, and has adapted its business model also to online retail beautifully in recent years by launching eshed.com The website eshed.com takes the complication and stress out of the buying process. -
Galilee Basin Housing Market Analysis
Appendices | RP Data Galilee Basin Housing Market Analysis Galilee Basin Housing market analysis Prepared for Waratah Coal Considering the increased requirement for housing related to the proposed construction and operation of the Galilee Coal Project (Northern Export Facility) and associated railway and facilities, Waratah Coal have approached RP Data to provide an analysis of local housing market conditions and assess how the proposed influx of workers may impact on those conditions. Specifically this research has focussed on assessing and measuring housing market conditions and the extent of housing supply across relevant townships that are likely to be impacted by the proposed project. These townships include Alpha and Jericho which are the closest established residential areas to the proposed mine. Additionally the study has included the closest major service centre which is the town of Emerald, located about a 170km drive east of Alpha. The townships of Collinsville and Bowen have also been included in the study due to their proximity to the proposed loading facilities at Abbot Point. The analysis also provides a separate focus on two established communities outside of the Galilee Basin. The communities of Moranbah and greater Gladstone provide an interesting and important reference point about how commodity driven housing markets can be affected by surging labour demand. FINAL REPORT 3003 WARATAH COAL | Galilee Coal Project | Supplementary Environmental Impact Statement – March 2013 In compiling this publication, RP Data has relied -
MOZAMBIQUE: a RUBY DISCOVERY for the 21ST CENTURY Merilee Chapin, Vincent Pardieu, and Andrew Lucas
FIELD REPORT MOZAMBIQUE: A RUBY DISCOVERY FOR THE 21ST CENTURY Merilee Chapin, Vincent Pardieu, and Andrew Lucas he Republic of Mozambique is located in south- eastern Africa along the Indian Ocean. Separated fromT Madagascar by the Mozambique Channel, it is Pemba bordered by Tanzania to the north, South Africa to Montepuez Namahumbire N the south, and Zimbabwe, Malawi, and Zambia to Namahaca the east (figure 1). t The country boasts rich resources of natural gas, 10~ 150 mi 1 coal, titanium, and hydroelectric power. Agriculture 0 150 km is also important to the economy and includes ex- I~ tensive production of cotton, cashew nuts, sugar- cane, tea, manioc root, tapioca, fruits, potatoes, beef, A F R I C A and poultry. Ruby mining is one of the newer eco- nomic sectors, with major developments in the northeastern part of the country in the mid to late 2000s. MOZAMBIQUE The Montepuez ruby deposit was discovered in May 2009 (Pardieu et al., 2009). Shortly thereafter, Maputo thousands of miners, supported by foreign traders, • began to illegally work the area. This continued until June 2011, with the formation of the Montepuez Figure 1. Mozambique, located in southeastern Ruby Mining company (MRM), a partnership be- Africa, is the world’s newest major ruby source. Its ruby mines are concentrated in the country’s north- tween Mozambique’s own Mwiriti Ltd. and the eastern corner. Adapted from Hughes (2014). multinational British gemstone mining company Gemfields. MRM acquired a 25-year concession in March 2012 and has expended considerable effort and capital to improve the mine’s infrastructure, machin- MRM ruby deposit, as the entire inventory was the di- ery, staffing, security, and public relations. -
Central Queensland Tourism Opportunity Plan
Central Queensland Tourism Opportunity Plan 2009–2019 DISCLAIMER – STATE GOVERNMENT The Queensland Government makes no claim as to the accuracy of the information contained in the Central Queensland Tourism Opportunity Plan. The document is not a prospectus and the information provided is general in nature. The document should not be relied upon as the basis for financial and investment related decisions. This document does not suggest or imply that the Queensland State Government or any other government, agency, organisation or person should be responsible for funding any projects or initiatives identified in this document. DISCLAIMER – CENTRAL QUEENSLAND REGIONAL TOURISM DISCLAIMER – EC3 GLOBAL ORGANISATIONS Any representation, statement, opinion or advice, expressed or implied in The Central Queensland Regional Tourism Organisations make no claim this document is made in good faith but on the basis that EC3 Global is as to the accuracy of the information contained in the Central not liable (whether by reason of negligence, lack of care or otherwise) to Queensland Tourism Opportunity Plan. The document is not a any person for any damage or loss whatsoever which has occurred or prospectus and the information provided is general in nature. The may occur in relation to that person taking or not taking (as the case may document should not be relied upon as the basis for financial and be) action in respect of any representation, statement or advice referred investment related decisions to in this document. Emu Park, Executive Summary Capricorn Coast Purpose Central Queensland in 2019 The purpose of this Tourism Opportunity Plan (TOP) is to provide The Central Queensland Region encompasses the two tourism direction for the sustainable development of tourism in the regions of Capricorn and Gladstone and is made up of the four Central Queensland Region over the next ten years to 2019. -
Regional Area Surcharge
Toll Group Level 7, 380 St Kilda Road Melbourne VIC 3004 Australia Toll Transport Pty Ltd ABN: 31006604191 Regional Area Surcharge Regional area surcharges are applicable for pick up or delivery to regional, remote or off-shore locations where Toll incurs additional costs to service. Priority Service Suburb Postcode Price Abingdon Downs 4892 $ 51.50 Acacia Hills 0822 $ 26.00 Adavale 4474 $ 51.50 Adelaide River 0846 $ 26.00 Aherrenge 0872 $ 26.00 Alawa 0810 $ 26.00 Ali Curung 0872 $ 26.00 Alice Springs 0872 $ 26.00 Alice Springs 0870 $ 26.00 Almaden 4871 $ 51.50 Aloomba 4871 $ 51.50 Alyangula 0885 $ 26.00 Amata 0872 $ 26.00 American Beach 5222 $ 51.50 American River 5221 $ 51.50 Amoonguna 0873 $ 51.50 Ampilatwatja 0872 $ 26.00 Anatye 0872 $ 26.00 Andamooka 5722 $ 77.50 Anduramba 4355 $ 51.50 Angledool 2834 $ 51.50 Angurugu 0822 $ 26.00 Anindilyakwa 0822 $ 26.00 Anmatjere 0872 $ 26.00 Annie River 0822 $ 26.00 Antewenegerrde 0872 $ 26.00 Anula 0812 $ 26.00 Araluen 0870 $ 26.00 Archer 0830 $ 26.00 Archer River 4892 $ 51.50 Archerton 3723 $ 26.00 Area C Mine 6753 $ 51.50 Areyonga 0872 $ 26.00 Arnold 0852 $ 26.00 Arumbera 0873 $ 51.50 Ascot 4359 $ 77.50 Atitjere 0872 $ 26.00 Aurukun 4892 $ 51.50 Austinville 4213 $ 26.00 Avon Downs 0862 $ 26.00 Ayers Range South 0872 $ 26.00 Ayers Rock 0872 $ 26.00 Ayton 4895 $ 51.50 Badu Island 4875 $ 77.50 Bagot 0820 $ 26.00 1 Regional Area Surcharge (RAS) Baines 0852 $ 26.00 Bakewell 0832 $ 26.00 Balgowan 5573 $ 26.00 Balladonia 6443 $ 77.50 Balranald 2715 $ 77.50 Bamaga 4876 $ 77.50 Banks Island 4875 $ 77.50 -
DIVISION FINDER 2019 Division Finder
2019 COMMONWEALTH OF AUSTRALIA 2019 DIVISION FINDER Division Finder Queensland QLD EF54 EF54 i © Commonwealth of Australia 2019 This work is copyright. All rights reserved. No part of this publication may be reproduced by any means, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, scanning, recording or otherwise, without the written consent of the Australian Electoral Commission. All enquiries should be directed to the Australian Electoral Commission, Locked Bag 4007, Canberra ACT 2601. ii iii Contents Instructions For Use And Other Information Pages v-xiii INTRODUCTION Detailed instructions on how to use the various sections of the Division Finder. DIVISIONAL OFFICES A list of all divisional offices within the State showing physical and postal addresses, and telephone and facsimile numbers. INSTITUTIONS AND ESTABLISHMENTS A list of places of residence such as Universities, Hospitals, Defence Bases and Caravan Parks. This list may be of assistance in identifying institutions or establishments that cannot be found using the Locality and Street Sections. Locality Section Pages 1-43 This section lists all of the suburbs, towns and localities within the State of Queensland and the name of the corresponding electoral division the locality is contained in, or the reference ... See Street Section. Street Section Pages 47-135 This section lists all the streets for those localities in the Locality Section which have the reference ... See Street Section. Each street listing shows the electoral division the street is contained in. iv v Introduction The Division Finder is the official list used to Electors often do not know the correct identify the federal electoral division of the federal division in which they are enrolled, place an elector claims to be enrolled at. -
Central Highlands Digital and Communications Audit
CENTRAL HIGHLANDS DIGITAL AND COMMUNICATIONS AUDIT PREPARED FOR CENTRAL HIGHLANDS REGIONAL COUNCIL AND CENTRAL HIGHLANDS DEVELOPMENT CORPORATION July 2017 Table of Contents 1. Introduction ........................................................................................................................ 2 2. Technology Economics......................................................................................................... 3 3. Central Highlands Digital and Communications Audit ........................................................... 4 3. Background ......................................................................................................................... 5 4. Digital and Communications Audit ....................................................................................... 8 4.1. Layer 1: Exchange Service Area (ESA) Demand Mapping ......................................................... 10 4.2 Layer 2: Telstra Coverage Information .................................................................................... 10 4.3. Layer 3: NBN Rollout Plan ...................................................................................................... 11 4.4. Layer 4: Aggregated State Government Fibre Network ........................................................... 13 4.5 Layer 5: Optus Fibre Routes ................................................................................................... 15 4.6 Layer 6: Vocus Communications Fibre Route .........................................................................