Gemstones

Johannesburg- and London-listed gemstone miner Gemfields has informed shareholders that Sean Gilbertson will, by mutual agreement with the board, step down as CEO and as a director of the company... 

Johannesburg- and London-listed gemstone miner Gemfields reports that its latest auction of higher-quality rough emeralds, recovered from the company's 75%-owned Kagem mine, in Zambia, generated... 

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... 

Aim-listed gemstone miner Gemfields has reported total auction revenues of $60-million for the half year ended June 30. The company also reports a net debt position of $59.6-million, before auction... 

Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or... 

Gemstone miner Gemfields has successfully completed a fully underwritten rights issue, which was first announced on April 11. The rights issue has resulted in the issuance of about 556-million new... 

JSE- and Aim-listed Gemfields has confirmed again its “G-factor for natural resources” figures for the Kagem emerald and Montepuez ruby mines, which now stand at 20% and 25%, respectively, for the... 

Aim-listed Gemfields has recorded revenue of $16.4-million from an auction of commercial-quality rough emeralds recovered from its 75%-owned Kagem mine, in Zambia. For the auction, held in Jaipur,... 

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... 

Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The... 

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... 

JSE- and LSE-listed Gemfields has reported total auction revenues of $196-million for the year ended December 31, and a net debt position of $80.5-million – before auction receivables of... 

The inaugural Doha International Diamond & Gem Conference will be held in Doha, the capital of Qatar, at The Ned, from January 29 to 31st, 2025.