Pallinghurst Resources Limited announced that it expects earnings and headline earnings per share for the interim period to 30 June 2014 will increase to USD 0.14, compared to a loss and headline loss per share of USD 0.10 for the six months ended 30 June 2013. The significant period on period increase in earnings and headline earnings is primarily attributable to increases in the valuation of Pallinghurst's interests in Gemfields plc and Jupiter Mines Limited, which are held at fair value. The company expects that net asset value per share at 30 June 2014 will increase to USD 0.68.