Gemfields PLC operates in the Miscellaneous nonmetallic minerals sector. Gemfields PLC is engaged in the business of exploring, mining, processing and selling colored gemstones. The Company also provides administration services and has a cut and polished emerald sales function. The Kagem emerald mine in Zambia is presently the Company's only operating emerald mine and serves as the source of emeralds and beryl for its downstream business. During the year ended June 30, 2010 (fiscal 2010), the Company's projects included Fwaya Fwaya 3 (FF3). The pit is around 30 meters deep, exposing one concordant and four discordant pegmatites over a strike length of 40 meters. Its subsidiaries include Gemfields Limited BVI, Almizan Development Limited, Gemfields Mining Limited, Gemfields India Pvt Limited and Kagem Mining Limited. In
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