GML Operational Update Neutral
GEMFIELDS GROUP LIMITED - Gemfields releases updated G-Factor for Natural Resources figures to 31 December 2025
Gemfields Group Limited
Free preview
What this filing means
Gemfields' annual G-Factor disclosure highlights a drop in Kagem's 2025 fiscal contribution to 6% due to operational halts, though management expects a recovery to historical averages following the lifting of export taxes.
Bull case
- Management expects Kagem's fiscal contributions to trend back toward the long-term 18% average following the restart of operations.
- The 15% export tax on precious gemstones in Zambia has been lifted, removing a significant regulatory headwind.
Bear case
- Kagem's 1-year G-Factor dropped to just 6% in 2025 due to a four-month halt in mining operations and poor market conditions.
Unlock the full analysis
Free during launch. Sign in to read the complete breakdown.
- Full bull / bear breakdown
- Decision framework
- Citations & sources
- Price autopsy
Related filings
More from GML
- GEMFIELDS GROUP LIMITED - Auction Results - Trade Select Ruby Auction and MRM Update
- GEMFIELDS GROUP LIMITED - Directorate Change
- GEMFIELDS GROUP LIMITED - Auction Results Higher-Quality Emeralds
- GEMFIELDS GROUP LIMITED - Notice of AGM and B-BBEE Annual Compliance Report
- GEMFIELDS GROUP LIMITED - Audited 2025 Annual Report Released
Other Operational Update
- REPUBLIC OF SOUTH AFRICA - Update on 2026/27 foreign currency funding programme
- DRDDRDGOLD LIMITED - Availability of investor presentation
- MTNMTN GROUP LIMITED - MTN Group 2026 Capital Markets Day
- EPSEASTERN PLATINUM LIMITED - Eastern Platinum Limited announces dismissal of cases
- THATHARISA PLC - Tharisa launches Level 1 American Depositary Receipt Programme