Emerald miner Gemfields, which operates the Kagem emerald mine in Lufwanyama, Zambia, last month announced the results of an emerald auction comprising a series of five sequential mini auctions... 

London-listed Gemfields’ subsidiary Kagem Mining, based in Zambia, has successfully had 250 staff vaccinated against Covid-19. Kagem has been facilitating voluntary mass vaccination of its... 

Dual-listed Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17. Fifty-nine companies placed bids, with the mini auctions achieving an... 

London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. 

Aim- and JSE-listed Gemfields says its full-year results reflect the magnitude of the impact that Covid-19 has had on the company, rendering it unable to hold auctions in its traditional format... 

A ruby mine in Delgado province, in north-east Mozambique. 

Gemstone miner Gemfields expects to report a net loss of $93.2-million, or R1.54-billion, for the year ended December 31, 2020, compared with a net profit of $39.1-million, or R565-million,... 

Responsibly sourced emeralds from the Kagem mine, in Lufwanyama, Zambia, will create the centrepiece of a new fine jewellery collection by US-based designer Sandy Leong. A portion of the sales... 

Gemstone miner Gemfields on March 1 confirmed that its 75%-owned Kagem Mining emerald mine in Zambia, as well as its 75%-owned Montepuez Ruby Mining (MRM) ruby mine, in Mozambique, are set to... 

UK-headquartered Gemfields has confirmed that its 75%-owned Kagem emerald mine, in Zambia, will reopen principal operations in a phased manner starting in the second week of March. As a result of... 

London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, had produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in... 

Gemstone miner Gemfields earned revenue of $10.88-million from five mini-auctions of emeralds mined at its Kagem mine, in Zambia. The mini-auctions were held between November 2 and December 11,... 

Aim- and JSE-listed Gemfields has started a sales process for its 23.54% holding in Pallinghurst Ivy Lane Capital, which owns 27.64% of Sedibelo Platinum Mines (SPM), giving Gemfields an indirect... 

Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to... 

Gemstone miner Gemfields says it is unable to provide guidance as to when it might be able to host its next auction, or generate meaningful revenue from sales, with its financial results for the... 

JSE- and Aim-listed Gemfields has advised that its net loss after tax will likely be $56.7-million, or R959-million, for the six months ended June 30. This compares with a profit after tax of... 

Gemstone miner Gemfields, which operates the Kagem mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has identified “huge potential” to market Zambia’s responsibly-sourced emeralds to... 

Gemstone miner Gemfields has warned of bleak conditions for the remainder of this year, as the spread of Covid-19 continues to impact on the group. “Conditions remain very challenging for Gemfields... 

The world’s biggest ruby mine, Gemfields’ Montepuez operation in northern Mozambique, has reported an outbreak of coronavirus. The company had already placed the operation under care and... 

Gemstone miner Gemfields has completed its delisting from the Bermuda Stock Exchange (BSX). It announced the delisting in April, stating that none of the company’s issued shares have traded on... 

JSE-, Aim- and Bermuda Stock Exchange-listed Gemfields will host its annual general meeting (AGM) virtually through a live interactive webcast on June 24. The company has urged shareholders to... 

In its quest to promote Zambia’s emeralds to buyers across the world, gemstone miner Gemfields has introduced the third instalment in its short film series dedicated to coloured gemstones. The... 

London-headquartered Gemfields, which owns the Kagem emerald mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has become the first gemstone company in the world to be recognised as a... 

London-listed junior mining investment company All Star Minerals has appointed Ian Harebottle and Richard Lloyd as directors. Harebottle is a former CEO of Aim-listed companies Gemfields and... 

The turmoil stemming from the global Covid-19 outbreak represents one of the most serious challenges that many companies face globally, and the world’s largest emerald mine, Kagem, is no exception,... 

Gemstone miner Gemfields has launched the second of four short films, the latest edition of which is dedicated to the emerald – the birthstone of the month of May. The aim of these short films is... 

Ruby and emerald miner Gemfields has become the first and only gemstone producer to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments,... 

Gemstone miner Gemfields has suspended all but critical operations at its Montepuez ruby mine (MRM), in Mozambique, as of April 22, as a result of the continued global spread of Covid-19. Only... 

JSE- and Aim-listed Gemfields delivered record group revenue and a healthy growth in operating profit in the year ended December 31, 2019; however, the fallout from Covid-19 is expected to have an... 

Gemstone miner Gemfields expects a significant detrimental impact on its operations, revenues and business during 2020 and possibly beyond from the Covid-19 pandemic. As of March 30, all but... 

JSE-listed Gemfields expects its net profit after tax for the year ended December 31, will be $39.1-million  compared with a net loss after tax of $60.4-million in the 2018 financial year. In rand... 

Gemfields Group’s Mozambican ruby operation said attackers torched its vehicle, less than a month after 11 people died when parts of a mine pit they had forcefully accessed collapsed on them. A... 

While the results of an auction of predominantly commercial-quality rough emeralds held in Lusaka, Zambia, from February 18 to 21, had been in line prior auctions of commercial-quality emeralds,... 

JSE- and Botswana-listed Gemfields on Friday also started trading on the Aim market of the LSE. At the time of admission, the company’s total issued share capital consisted of 1.2-billion... 

EVG Mineral Resource Holdings entered into the mining space in June 2019 with their office based in Johannesburg. The company, founded by Vipul Gandhi and Edwin Bassingthwaighte, focuses on... 

Zambian miner Kagem Mining has signed a collective agreement with unions that will result in unionised employees receiving a 10% increase in basic salary for 2020 and a further 10% increase for... 

Gemstone miner Gemfields intends to seek admission to trade on the Aim market of the LSE. The company does not intend to raise capital in conjunction with the admission, which it expects will... 

The Zambian government has suspended a 15% export duty on precious gemstones, excluding diamonds, JSE-listed Gemfields said on Thursday. The suspension was announced the government gazette last... 

Dual-listed Gemfields sold about 88% of its lots on offer at its most recent auction, spanning December 10 to 14, in Singapore. Of the 104 lots offered, 91 were sold, generating auction revenues of... 

While Zambian miner Kagem Mining successfully generated $27-million in sales from an emerald auction held earlier this week, it says the country’s "extreme" tax rates are crippling the gemstone... 

JSE-listed Gemfields has appointed board member Martin Tolcher chairperson. He succeeds Brian Gilbertson, who decided it best to step down amid an ongoing process of obtaining a dual listing on... 

While Zambian miner Kagem Mining successfully generated $27-million in sales from an emerald auction held earlier this week, it says the country’s "extreme" tax rates are crippling the gemstone...