Gemfields Group
Mr Tolcher has been involved in the fund administration industry in Guernsey for over 30 years. Mr Tolcher has worked at senior levels for three Guernsey subsidiaries of Canadian and Bermudan international banks, gaining considerable experience in a wide variety of offshore fund and private equity investment structures.
Mr Tolcher joined Legis Fund Services Limited in 2005 and was appointed managing director at the beginning of 2007, a position he held until the end of 2010. Mr Tolcher remained a director of that company until September 2011.
Mr Tolcher holds directorships with a number of other fund structures domiciled in Guernsey, several of which have been or still are listed on the London Stock Exchange and the International Stock Exchange. Mr Tolcher is a Chartered Fellow of the Chartered Institute for Securities & Investment. Mr Tolcher is a British citizen and is a resident of Guernsey.
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Gemfields Group
Gemfields Group Limited, formerly Pallinghurst Resources Limited, is a Guernsey-based mining company that produces and supplies of sourced colored gemstones. The company operates Kagem emerald mine in Zambia and Montepuez ruby mine in Mozambique. Kagem emerald mine covers an area of 41 square kilometer (sq) in the Ndola Rural Emerald Restricted Area and lies south of Kitwe and west of Ndola, in Zambia's Copperbelt Province. Montepuez ruby mine is located in the northeast of Mozambique within the Cabo Delgado Province, which covers an area of 34, 966 hectares. It also owns Web Gemstone Mining plc, which holds 200 sq emerald exploration license in southern Ethiopia. It also holds interest in various other gemstone mining. It provides auction and trading platform to provide a supply of colored gemstones to markets. Its subsidiaries include Kagem Mining Limited, Montepuez Ruby Mining Limitada, Faberge Limited, Sedibelo Platinum Mines Limited and Jupiter Mines Limited.