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The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal...
Following the February 12 announcement of the placing of a temporary ban on the exports of all minerals from Malawi, the country’s Ministry of Mining has moved to clarify its position. “The...
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...
In this article, Dr John Bristow of the Overberg Geoscientists Group writes about the centenary of diamond prospecting and mining along the West Coast of South Africa and the legends that shaped...
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...
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....
London-listed URA Holdings, which operates the Gravelotte emerald mine, in Limpopo, South Africa, has had to postpone the first trial sale of gemstones in Thailand, owing to the delay in clearance...
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...
London-listed gemstone miner URA Holdings will hold its first trial emerald sale for gemstones recovered from its Gravelotte mine, in South Africa, later this year. The company reports in an update...
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.
Mozambique’s mining industry has been a significant driver of economic growth over the past two decades. With vast mineral resources, including heavy sands, coal, magnetite, graphite, lithium, gold...
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...
The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the...
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...
Global diamond giant De Beers said it will go ahead with a planned $1-billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year's downturn in gem demand...
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...
Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global...
The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems, with consumers and producers battling to manage ever more complex supply chains against a backdrop of...
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...
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...
Despite growth in the Mozambique mining industry, operations continue to encounter challenges – such as poor public infrastructure, inefficient logistics networks, equipment supply constraints and...
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...
The automotive market will remain the biggest demand segment for platinum for the foreseeable future, comprising between 31% and 46% of total demand, as it has for the last five years, reports the...
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...
The global transition to low- and zero-carbon energy sources was a once-in-a-generation opportunity for Africa, just as the original Industrial Revolution had been for the West, highlighted...
The Queensland government will introduce a suite of possible changes to support the continued operation of small-scale miners in the state, with a moratorium on new claims to end as scheduled on...
Gemstone miner Gemfields is set to put on auction the 187 775 ct (37 555 g) cluster of emeralds that was unearthed in the Chama pit of the miner’s 75%-owned Kagem emerald mine, in Zambia, in March...
Gemstones supplier Gemfields has reported “record-breaking” auction revenues and an “all-time high” cash position for the six months ended June 30, resulting in the company declaring an interim...
Aim-listed Gemfields generated revenues of $4.2-million from an auction of predominantly commercial-quality sapphire, corundum and low-quality ruby held from September 19 to 23. The gemstones were...
Law firm Webber Wentzel expects the review of Zambia’s Mines and Minerals Development Act (MMDA), No 11 of 2015, to take a considerable amount of time to complete, as the current government...
The state of Zambia’s amethyst and emerald mining sectors has improved after the onset of the Covid-19 pandemic resulted in poor demand. However, the sectors continue to battle systemic...
Technology gateway GemCloud, which has the potential to play a central role in shaping the future of the coloured gemstone sector, has gained a new, non-controlling anchor investor through coloured...
An emerald recovered at Gemfields' Zambia-based Kagem mine – which broke the Guinness World Record for being the largest uncut emerald ever found, as verified on April 22 – was showcased during a...
Russia’s invasion of Ukraine is fracturing a billion-dollar trade that spans the permafrost-laden diamond mines of Siberia, secretive trade houses in Antwerp, dusty polishing powerhouses in India...
Gemfields recorded a record $42.3-million in revenue from the sale of emeralds sourced from its Zambia-based Kagem mine, at auctions of predominantly commercial-quality rough emeralds held in...
London-listed Gemfields says 2021 had been a good year for the company, allowing the “horrors” of 2020 to be consigned to the history books. The company has been able to allocate $20-million, or...
ASX-listed Mangum Mining and Exploration has struck a deal to divest of its 74% interest in the Gravelotte emerald project, in South Africa, for A$2-million. Magnum on Thursday announced that it...
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