Integration of Gemfields realising cost benefits – Pallinghurst

The integration of Gemfields is beginning to realise cost benefits, Pallinghurst reported on Tuesday when it reiterated its transformation into a long-life operating mining company from being a former closed-end investment vehicle. In presenting half-year results of the company on Tuesday, Pallinghurst restated its conviction that the restructuring and integration of Gemfields would materially Improve the company’s trading liquidity and promote a re-rating of the enlarged group.