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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...
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...
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...
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...
In the face of Climate Change, the calls for a sustainable growth agenda are increasingly urgent. Last March the European Commission announced its Circular Economy Action Plan as one of the main...
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,...
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...
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...
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...
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...
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...
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,...
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...
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, 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...
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...
Nonprofit association, the International Coloured Gemstone Association (ICA), has launched an Accredited Ethical Member programme (AEM) – an online questionnaire – which, upon completion, will...
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...
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,...
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 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...
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...
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'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 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...
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...
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...
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...
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...
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...
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....
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 coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Gemfields and Kagem Mining CEO Sean Gilbertson. The...
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 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...
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...
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...
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....
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...
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...
A 24.21 ct rough diamond on a scanner at Alrosa’s selling organisation in Russia, where sorting, valuation and sale of Alrosa diamonds is carried out. The United Selling Organisation employs 500...
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 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....
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