https://newsletter.en.creamermedia.com
Cutting|Gemfields|Industrial|Mining|Waste|Waste
Cutting|Gemfields|Industrial|Mining|Waste|Waste
cutting|gemfields|industrial|mining|waste-company|waste

Gemfields’ Zambia mine to restart focused openpit mining

An image of the Kagem mine

Kagem mine

8th May 2025

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

JSE- and Aim-listed Gemfields Group announced that Kagem Mining, the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the government through the Industrial Development Corporation of Zambia (IDC), will shortly start a programme of focused openpit mining to recover more premium emeralds. 

Alongside other cost-cutting measures, Kagem suspended all mining from January 1 to focus on processing ore from Kagem’s significant ore stockpile using the operation’s upgraded processing plant.

Emerald production from the processing plant this year so far, in terms of carats recovered, has been in line with the company’s expectations, producing a lower proportion of higher-quality or premium emeralds than direct openpit mining methods, it says.

Kagem’s recent auction results, including the commercial-quality auction results released last month, have increased management confidence in the current emerald market and the decision has therefore been taken to restart mining of two key production points in the Chama pit, with minimal waste mining, to recover premium emeralds for Kagem’s future higher-quality auctions.

The decision to restart full-scale mining will continue to be assessed as market conditions develop.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 09 May 2025
Magazine round up | 09 May 2025
9th May 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.128 0.227s - 170pq - 2rq
Subscribe Now