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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 Klückow

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... 


Kagem invests in blockchain tech to ensure gemstone traceability
21st November 2019 By: Creamer Media Reporter

Emerald miner Kagem Mining is introducing a new blockchain technology at its Zambian mine that enables gemstones to be traced back to the mine. Kagem's parent company Gemfields has partnered with... 


Sorting solution for emeralds
31st October 2019

An X-ray fluorescence (XRF) sorting machine has been adapted to create a new application for the sorting of emeralds. The machine is aimed at improving the security and efficiency of sorting... 


Emerald Project Benefits From Versatile Diamond Sorting Technology
Emerald Project Benefits From Versatile Diamond Sorting Technology
3rd October 2019

A De Beers Group Technology X-ray fluorescence (XRF) sorting machine is providing a secure and efficient sorting solution for emeralds. Adapting one of its X-ray fluorescence (XRF) diamond sorting... 


Gemfields chairperson Brian Gilbertson
Gemfields delivers varied interim results, remains intent on London listing
20th September 2019 By: Simone Liedtke

Dual-listed Gemfields, which remains intent on listing on the Aim, delivered a “profitable, but varied” performance during the first half of the year, ended June 30, chairperson Brian Gilbertson... 


EMERALD OPERATIONS Kagem Mining took delivery of 12 Bell B45E articulated dump trucks for an expansion project in 2018
Company benefits from after-sales market
13th September 2019 By: Tracy Klückow

Earthmoving equipment manufacturer Bell Equipment’s Zambian operation is benefiting from good demand for after-sales support amid the country’s tough economic conditions. “We have had success with... 


Profitable Green Mining Is A Reality With Tomra’s Advanced Sorting Technologies
Profitable Green Mining Is A Reality With Tomra’s Advanced Sorting Technologies
30th July 2019

TOMRA’s advanced sensor-based sorting technologies offer mining operations the dual benefits of energy efficiency and the ability to recover valuable ore even from sub-economic deposits or dumps.... 


Diamonds continue to do good for the people of Botswana, says Okavango Diamond Company
Diamonds continue to do good for the people of Botswana, says Okavango Diamond Company
25th June 2019

Botswana is reaping the rewards from decades of successful management of its diamond sector to become one of the fastest growing economies in Africa. Speaking at the Plenary Meeting of the Policy... 


Responsible sourcing of gemstones to receive more attention – Gemfields
20th June 2019 By: Tasneem Bulbulia

Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Gemfields and Kagem Mining CEO Sean Gilbertson. The... 


BENEFICIAL OPERATIONS Gemfields’ gemstone mining operations in Zambia and Mozambique provide a significant benefit to these African countries
Gemfields partners with National Geographic
7th June 2019

Gemstones supplier Gemfields is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa, benefitting both communities and conservation. Gemfields’... 


Tanzania says to start cancelling inactive mining licences
22nd May 2019 By: Reuters

Tanzania will start cancelling inactive mining exploration licences and distribute the acreage to artisanal miners who are able to immediately commence activity in the area, a minister said on... 


Gemfields warns about forced illegal mining ‘slavery’ in Mozambique
13th May 2019 By: Marleny Arnoldi

London-based Gemfields warned in a statement on Monday that illegal miners were putting their lives at risk and facing “modern slavery” in Mozambique, where the company owns 75% of Montepuez Ruby... 


International Kagem emerald promotion boosts Zambia’s revenue – Gemfields
2nd May 2019 By: African News Agency

Emeralds from Zambia’s Kagem mine have captured the eye of some of the foremost gemstone buyers and jewellers around the world, helping boost revenue for the southern African country, parent... 


Gemfields sells Jupiter shareholding for $31m
15th April 2019 By: Marleny Arnoldi

JSE- and BSX-listed Gemfields’ subsidiary, Pallinghurst Consolidated, will sell the 145-million shares it holds in ASX-listed Jupiter Mining to AMCI Euro Holdings for A$44-million, or $31-million.... 


Gemfields and National Geographic go behind the scenes in branded content partnership of vital projects supporting African communities and conservation
9th April 2019

Gemfields, the world’s leading supplier of responsibly sourced coloured gemstones, is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa,... 


Diamond ETF gets closer as UK approves gem pricing benchmark
Diamond ETF gets closer as UK approves gem pricing benchmark
2nd April 2019 By: Bloomberg

The UK’s financial regulator added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset. The... 


Gemfields chairperson Brian Gilbertson
Gemfields mulls London listing, looks back on challenging 2018
25th March 2019 By: Simone Liedtke

JSE-listed Gemfields is considering an additional listing on the LSE during this year, without an associated capital raise, in an effort to address the lack of broker research and share trading... 


'No tomorrow' for many unless consumption falls – UN
13th March 2019 By: Reuters

Global exploitation of natural resources – from water, sand and timber to oil, coal and gemstones – has more than tripled in 50 years, the United Nations (UN) said on Tuesday, warning of... 


Angola to hold first diamond auction in January, Sodiam says
10th December 2018 By: Bloomberg

Angola will conduct its first diamond auction in January as part of the southwest African country’s plan to open its economy to foreign investors, state-owned diamond-trading company Sodiam said.... 


DOLLAR SIGNS
By 2020, Rwanda aims to generate $800-million from mineral exports and $1.5-billion by 2024
Rwanda seeking to attract greater investment in mining sector
9th November 2018

To increase mineral exports and boost revenue from its mineral resources, Rwanda aims to attract greater investment in its mining sector, which has created over 40 000 jobs countrywide. 


Kenya Mining Forum to focus on mining opportunities in Kenya’s Big Four Agenda
30th August 2018

“Kenya remains an exciting new mining destination on the continent” The third edition of the upcoming Kenya Mining Forum in Nairobi in November will focus strongly on how the mining industry can... 


Mustang to focus on graphite/vanadium assets following gemstones deal
17th July 2018 By: Esmarie Iannucci

The A$10-million merger of Mustang Resources’ ruby assets with that of TSX-V listed Fura Gems will allow the Australia-listed company to focus on its graphite/vanadium assets in Mozambique. Under... 


Sapphire prices under pressure from Madagascar influx – Richland
1st November 2017 By: Mariaan Webb

An influx of gemstones from Madagascar is putting the price of sapphire under pressure, prompting Australian producer Richland Resources to shift its sales strategy. The London-listed company,... 


DIAMONDIFEROUS 
Zimbabwe has deposits of high-quality diamonds, which are in high demand on the global market
Myriad of opportunities in Zim’s mining sector
8th September 2017

Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This... 


ARNE FRANDSEN
The Pallinghurst CEO envisions Gemfields becoming the De Beers of coloured gemstones
Pallinghurst eyeing London listing following Gemfields acquisition
21st July 2017 By: David Oliveira

Following Pallinghurst’s restructuring and successful acquisition of emerald miner Gemfields, the JSE-listed diversified miner will now commence with the preparatory work to potentially obtain a... 


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