International Kagem emerald promotion boosts Zambia’s revenue – Gemfields
JOHANNESBURG – 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 company Gemfields has said.
“We are excited because appreciation of Zambian emeralds is gaining momentum internationally given the uniqueness, clarity and transparency that is characteristic of the gemstones,” Gemfields’ gemmologist Elena Basaglia said in a statement.
To date, Kagem has contributed approximately $107-million to the Zambian government in cumulative corporation taxes, mineral royalties and dividends. This means almost 20 percent of Kagem’s revenue has flowed to Lusaka in the last decade.
Kagem, which is 75% owned by Gemfields while the Industrial Development Corporation of Zambia has a 25% stake, is the world’s largest emerald mine and source of ‘Inkalamu’ – the ‘Lion Emerald’ – a 5 655 ct emerald crystal and one of the most unique stones to have come from the mine.
Jewellery featuring Zambian emeralds includes Fabergé’s Lady Libertine II timepiece presenting a dial set with a central cabochon Kagem emerald, surrounded by hand-carved Kagem emeralds.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation