Pallinghurst’s shareholders agree for a name change to Gemfields Group
Pallinghurst’s shareholders agree for a name change to Gemfields Group.Pallinghurst Resources has renames itself to Gemfields Group. The decision taken by the company to undergo a name change follows its rising focus on coloured gemstones, reports say.
Pallinghurst had first made an announcement to undergo a name change in March. It cited the reason as its reducing interest in steelmaking resources and laying more attention to coloured gemstones, as per reports.
The company shareholders recently approved the new identity.