Gemstones

Emerald mining company Kagem Mining, which is a subsidiary of Johannesburg- and London-listed Gemfields, has donated cutting and polishing equipment to the Gemstone Processing and Lapidary Training... 

Myanmar has announced the discovery of a massive ruby weighing 11 000 ct (2.2 kg), a rare find even for the country’s central gemstone hub of Mogok near Mandalay. The purplish-red stone, found... 

Following a period of concurrent but transient challenges that weighed on near-term cash flow, gemstone miner Gemfields’ priority for this year is to focus resources on securing profitability... 

Amid a difficult year, gemstone miner Gemfields has reported that the operational interruptions at the company’s 75%-owned Montepuez Ruby Mining (MRM), in Mozambique, and at its Kagem emerald mine,... 

Gemstone miner Gemfields earned revenue of $53-million from a mixed-quality rough ruby auction held from February 9 to 20.  The gemstones were extracted by Gemfields’ 75%-owned Montepuez Ruby... 

Gemstone miner Gemfields earned total auction revenues of $128.5-million for the year ended December 31. The company reported a net debt position of $39.2-million – before auction receivables of... 

Gemstone miner Gemfields has confirmed the death of two police officers at its Montepuez Ruby Mining (MRM) operation, in Mozambique, earlier this week. The company explains that about 40 illegal...