Gemfields sells Jupiter shareholding for $31m

摘要

JSE- and BSX-listed Gemfields subsidiary Pallinghurst Consolidated will sell the 145-million shares it holds in ASX-listed Jupiter Mining to AMCI Euro Holdings for A$44-million, or $31-million. Gemfields stated last week that the transaction was consistent with the board's strategy for the company to focus on African coloured gemstones.