London-listed Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13... 

Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The... 

The project remains materially on budget and on track for completion by the end of the first half of 2025. 

A new report from coloured gemstones miner Gemfields on the emerald, ruby and sapphire markets “… serves as a reminder of how far the coloured gemstone industry still has to go to reach the levels... 

JSE- and LSE-listed Gemfields has reported total auction revenues of $196-million for the year ended December 31, and a net debt position of $80.5-million – before auction receivables of... 

London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% export duty on precious gemstones, which would directly impact the emeralds... 

Gemstone miner Gemfields recorded revenues of $46.2-million from its latest auction of mixed-quality rough ruby recovered at the Montepuez ruby mine, in Mozambique. Of the 102 lots on offer, 97... 

Gemstone miner Gemfields earned total auction revenues of $16.1-million at its latest auction of higher-quality emerald. It sold 30 of the 43 lots on offer, with 141 084 ct of the 200 460 ct on... 

About 300 people invaded a pit at the Montepuez ruby mine owned by Gemfields Group in northeastern Mozambique on Sunday, CEO Sean Gilbertson said. Two people were shot by police, he said. A crowd... 

Dual-listed Gemfields expects to report earnings a share of R11.80 for the six months ended June 30 – a 21% decrease from the earnings a share of R14.90 reported for the first half of 2023.... 

Zambia’s single-largest producing emerald mine, gemstone miner Gemfields’ Kagem emerald mine has achieved more than 7.5-million lost time injury- (LTI-) free hours, which the miner says underscores... 

Only 61% of emeralds on offer at Johannesburg- and London-listed Gemfields' latest auction were sold, resulting in total auction revenues of $10.8-million and an average sales price of $4.47/ct.... 

Johannesburg- and London-listed gemstone miner Gemfields received revenue of $2.3-million from the auction of predominantly commercial-quality sapphire, corundum and commercial-quality ruby from... 

Gemstone miner Gemfields has reported total auction revenues of $121-million for the six-month period ended June 30, with demand for rough emeralds and rubies continuing to remain robust. In the... 

Gold mining company AngloGold Ashanti has announced that former De Beers CEO Bruce Cleaver and former JSE CEO Nicky Newton-King have been appointed as independent nonexecutive directors with effect... 

London-listed Gemfields Group recorded total auction revenues of $68.7-million from the June auction of mixed-quality rough rubies recovered from the Montepuez ruby mine, in Mozambique. The group... 

Former CEO and co-chairperson of diamond miner De Beers Bruce Cleaver will join the board of gemstone miner Gemfields as chairperson from July 1. He will succeed Martin Tolcher, who is stepping down. 

Miner and coloured gemstones marketer Gemfields Group earned total revenue of $35-million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds sold were... 

As a measure for promoting enhanced transparency around the sharing of natural resource wealth with governments of host countries, Zambia’s single-largest producing emerald mine, gemstone miner... 

London-listed Gemfields has announced updated ‘G-Factor for Natural Resources’ figures for the 12 months to December 31, 2023, and has also once again invited governance bodies, extractive... 

Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of... 

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 

Gemstone miner Gemfields reports that auction revenues and pricing for both emeralds and rubies remain strong, with the company having earned auction revenues of $242-million in 2023 – the... 

Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on... 

Ruby and emerald miner Gemfields has announced that total auction revenues of $69.5-million were accrued after selling all 97 lots, comprising 239 591 ct of ruby, offered for sale at its latest... 

Montepuez Ruby Mining Limitada plans to build an additional processing plant at Montepuez. 

The emerald green of Zambia and the ruby red of Mozambique are continuing to give exceptional gemstone hues to Southern Africa, Mining Weekly can today report. Zambian emeralds, which are among the... 

Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023.  However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate... 

Gemstone producer Gemfields earned revenues of $25.5-million from its latest auction of commercial-quality rough emeralds recovered from the Kagem mine, in Zambia. All 43 lots put on offer were... 

Gemstone miner Gemfields’ 75%-owned Montepuez Ruby Mining (MRM) subsdiary has entered into a legally binding contract with specialist engineering group Consulmet to build an additional processing... 

London- and Johannesburg- listed Gemfields produced 17.4-million carats of emeralds in the six months ended June 30, including 85 000 ct of premium emeralds, from the Kagem emerald mine, in Zambia.... 

A new collection of rings, featuring miner Gemfields’ emeralds and rubies, has been unveiled during the Journées de la Haute Joaillerie. Gemfields – a miner and marketer of coloured gemstones – has... 

Gemstone miner Gemfields' latest ruby auction generated revenues of $80.4-million, with an average price of $265.99/ct realised. "With the revenue from this auction up 20% since our last ruby... 

Dual-listed Gemfields has generated record auction revenue of $43.7-million from the sale of 35 high-quality rough emeralds produced from the Kagem mine. The auction had an average realised price... 

Dual-listed Gemfields generated record revenue of $341-million for the year ended December 31, which marks a 32% year-on-year increase. The company also posted a 25% year-on-year increase in... 

Gemstone miner Gemfields' first emerald auction of this year generated revenue of $21.2-million. "Gemfields' first auction of 2023 has yielded a sound outcome. While it is evident that the market... 

Faberge jewellery brand owner Gemfields Group reported a 2% rise in full-year profit on Friday helped by higher prices for uncut emeralds and rubies. The precious stone miner said headline earnings... 

Gemstone miner Gemfields, which has operations in Mozambique and Zambia, has reiterated the emphasis it places on operational personnel's safety in Mozambique following a series of insurgent... 

Gemstone miner Gemfields has evacuated operational employees and contractors from its 75%-owned Nairoto Resources exploration camp following an insurgent attack in the village of Nairoto in the... 

Gemstone miner Gemfields, which operates emerald and ruby mining operations in Zambia and Mozambique, respectively, reports that its revenue for 2022 had reached a record $333-million. That... 

In addition to increasing socioeconomic challenges and their knock-on effects worldwide, mining entities must also contend with a looming metals deficit, says Zambia Chamber of Mines CEO and... 

Gemstone miner Gemfields has started a share buy-back programme to buy up to $10-million worth of ordinary shares. The share buy-back represents an opportunity to promote Gemfields' financial...