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Illicit ruby, emerald mining robbing host countries of inherent true value – Gemfields
11th March 2022 By: Donna Slater

Gemstone miner Gemfields says an analysis of existing data on the supply of rubies and emeralds highlights an “alarming” extent to which host-mine countries are being robbed of the true value of... 


Platinum industry expected to take off
11th February 2022 By: Claire O'Reilly

Global platinum investment organisation the World Platinum Investment Council (WPIC) believes that the current state of the platinum group metals (PGMs) industry is, overall, buoyant as PGMs... 


De Beers Group Designers Initiative announces 2020/2021 shining light awards winners
16th November 2021

De Beers Group is proud to announce the winners of the 2020-2021 De Beers Group Designers Initiative Shining Light Awards, creating opportunities for the next generation of jewellery designers from... 


A picture of a 7 525 ct green gemstone named Chipembele
Gemfields unearths largest gem to date at Kagem, names it Chipembele
8th November 2021 By: Donna Slater

Gemfields has uncovered a 7 525 ct (1 505 g) gemstone, which it has called Chipembele – meaning “rhino” in Bemba (an indigenous dialect in Zambia), at its Kagem emerald mine in Zambia. The... 


Rough emaralds from Gemfields Kagem mine
Zambian emeralds to go on auction on Nov 23
3rd November 2021 By: Marleny Arnoldi

International auction house Phillips will, this month, put on sale the largest collection of Zambian emeralds ever to be offered on auction. Part of the proceeds will go to the Gemfields... 


Pluczenik re-enters South African diamond cutting and polishing market with factory in Bedfordview
Pluczenik re-enters South Africa, opens local diamond cutting facility
2nd November 2021 By: Marleny Arnoldi

Global diamond manufacturer and trader Pluczenik Diamond Company has made a re-entry into the South African market by partnering with a local entrepreneur to open a diamond cutting and polishing... 


Nigerian Minister wants death penalty for gold smuggling
16th September 2021 By: Bloomberg

Gold smugglers in Africa’s largest economy deserve the death penalty, Nigeria’s deputy minister in charge of mining development said. Uche Ogah, minister of state for mines and steel development,... 


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President Hichilema raises fresh hope for Zambia’s mining industry
10th September 2021 By: Tasneem Bulbulia

Hakainde Hichilema's triumph over incumbent President Edgar Lungu in last month's general elections has kindled much optimism that better fortunes are in store for Zambia's copper-heavy mining... 


Cover image
President Hichilema raises fresh hope for Zambia’s mining industry
10th September 2021 By: Tasneem Bulbulia

Hakainde Hichilema's triumph over incumbent President Edgar Lungu in last month's general elections has kindled much optimism that better fortunes are in store for Zambia's copper-heavy mining... 


Assore International Holdings acquires 5% interest in Gemfields
9th September 2021 By: Simone Liedtke

Mining holding company Assore International Holdings has acquired a beneficial interest of 5% in coloured gemstones miner and supplier Gemfields. Conducted as an off-market block trade and online... 


Gemfields increases production after disruptions of 2020
2nd August 2021 By: Donna Slater

Gemstone miner Gemfields’ 75%-owned Kagem emerald mine, in Zambia, produced 10.34-million carats of gemstones, including emeralds and beryls during the first half of the year, while its... 


Displays at the Johannesburg Geology Museum before flood damage occurred
Johannesburg Geology Museum laments threats, frustrations
30th June 2021 By: Marleny Arnoldi

The Geological Museum Association (GMA) has lamented the continued challenges, including theft, flood damage and lack of funding, experienced by the Johannesburg Geology Museum over the last... 


ADRIAN BANKS
Healthy ruby supply and demand are expected this year
Ruby mine recovery on horizon
4th June 2021 By: Nadine Ramdass

Insurgent attacks and Covid-19 have had a significant impact on the Mozambican mining industry, says Gemfields CEO Sean Gilbertson. The investment climate in Mozambique, particularly Cabo Delgado –... 


Gemfields reports $93m net loss on back of restricted auctions
30th March 2021 By: Marleny Arnoldi

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... 


Gemfields confirms phased resumption of Kagem, Montepuez operations
1st March 2021 By: Tasneem Bulbulia

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... 


Tanzania finalising permit for its first rare-earth metals mine
5th November 2020 By: Bloomberg

Tanzania is in the final stages of approving a permit for the country’s first rare earths mine to Australian company Peak Resources as the government seeks a bigger share of revenue from natural... 


Gemfields seeking alternatives to auctions
18th September 2020 By: Simone Liedtke

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... 


MICHAEL PHIRI Should the Covid-19 pandemic continue into 2021/22, a different marketing strategy using information technology solutions would need to be adopted
Pandemic puts strain on Zambian mining sector
11th September 2020 By: Mc'Kyla Nortje

Amid the challenges facing the Zambian mining industry, partially because of Covid-19, government has committed to waiving penalties and interest on the late payment of taxes, explains advisory... 


China possesses huge gemstone potential – Gemfields
9th September 2020 By: Donna Slater

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... 


The pit is excavated by a team of five to seven diggers, locally known as creuseurs.
Glencore part of giant leap to transform informal cobalt mining
24th August 2020 By: Martin Creamer

Eight concerns, including diversified mining and marketing company Glencore, have joined forces to transform the informal mining of cobalt for the better. Full implementation would take five years... 


Gemfields warns of bleak second-half
29th July 2020 By: Tasneem Bulbulia

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... 


Beryihun Temesgan
Ethiopia looking to bolster investment in resources, mining
17th June 2020 By: Simone Liedtke

With an abundance of natural resources that have not been significantly exploited, Ethiopia has “enormous potential” for the export of these resources and at a relatively low production cost,... 


Platinum retailers working towards recovery amid Covid-19
Platinum retailers working towards recovery amid Covid-19
12th June 2020 By: Simone Liedtke

Manufacturers and retailers of platinum jewellery have begun working towards ensuring the recovery of the sector, as Covid-19 continues to heavily impact on the global economy, the Platinum Guild... 


Gemfields releases third film to promote responsibly sourced gemstones
10th June 2020 By: Donna Slater

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... 


New strategies outlined for Rwandan mining sector to recover from Covid-19 blow
New strategies outlined for Rwandan mining sector to recover from Covid-19 blow
10th June 2020 By: Simone Liedtke

The Rwanda Mines, Petroleum and Gas Board (RMB), a Rwandan body mandated with fast-tracking the realisation of the national vision for mining, petroleum and gas in the country, has unveiled new... 


Experts say artisanal mining is here to stay and helps sustain global markets
Experts say artisanal mining is here to stay and helps sustain global markets
9th June 2020 By: Marleny Arnoldi

Formalising artisanal mining is a challenge for the mining industry, especially in remote locations and many organisations are stepping in to help. This was mentioned during a June 9 webinar... 


Gemfields accepted as corporate member of voluntary human rights initiative
26th May 2020 By: Tasneem Bulbulia

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... 


RESTRICTED REVENUE 
Auctions accounted for about 93% of Gemfields’ 2019 revenue, but dates for upcoming auctions are uncertain
World’s largest emerald mine not exempt from pandemic
15th May 2020 By: Tracy Hancock

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,... 


Gemfields launches second short film highlighting what makes emeralds special
4th May 2020 By: Donna Slater

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... 


Gemfields recognised as corporate member by Voluntary Principles
28th April 2020 By: Tasneem Bulbulia

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,... 


Alrosa ends some long-term deals as March diamond sales plunge
13th April 2020 By: Bloomberg

Alrosa, Russia’s largest diamond producer, ended some long-term deals with customers as sales in March collapsed to half the level of a year ago because of the coronavirus pandemic. “We would like... 


Healthy 2019 profits, cash generation to help Gemfields through Covid-19
6th April 2020 By: Marleny Arnoldi

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... 


Questionnaire launched to recognise responsible, ethical and sustainable members
31st March 2020 By: Donna Slater

Nonprofit association, the International Coloured Gemstone Association (ICA), has launched an Accredited Ethical Member programme (AEM) – an online questionnaire – which, upon completion, will... 


Covid-19 causes considerable impact to Gemfields
30th March 2020 By: Tasneem Bulbulia

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... 


Gemfields’ first emerald auction of 2020 hampered by coronavirus
24th February 2020

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,... 


Gemfields’ shares start trading on London’s Aim
14th February 2020 By: Marleny Arnoldi

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 – New kids on the block
EVG Mineral Resource Holdings – New kids on the block
7th February 2020

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... 


Gemfields seeking admission to London’s Aim market
Gemfields seeking admission to London’s Aim market
17th January 2020 By: Simone Liedtke

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... 


Zambia drops precious gemstone export duty
Zambia drops precious gemstone export duty
19th December 2019 By: Mariaan Webb

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... 


Madagascar mining chamber criticises plan to raise minerals taxes
16th December 2019 By: Reuters

Madagascar's mining chamber on Monday sharply criticised a draft mining law that proposes greater government revenue from mining activities, saying the changes will halt new investment and endanger... 


Canada Mining Projects in Progress (Second Edition)
Canada Mining Projects in Progress (Second Edition)
13th December 2019 By: Creamer Media Reporter

Canada is one of the leading mining countries and one of the largest producers of minerals and metals in the world. It is the global leader in the production of potash and ranks among the top five... 


Zambian tax structure is crippling gemstone industry, says miner
6th December 2019 By: Marleny Arnoldi

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... 


Zambian tax structure is crippling gemstone industry, says miner
27th November 2019 By: Marleny Arnoldi

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... 


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