MAJOR MINER Kariba Minerals’ Mapatizya mine produces more than 90% of the amethyst originating from Zambia GLOBAL GEM Gemfields’ Kagem emerald mine, in the southern part of Zambia’s Copperbelt, ...
London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% export duty on precious gemstones, which would directly impact the emeralds ...
Geologist Debapriya Rakshit and experienced miner Richard Kapeta uncovered the impressive 5,655-carat emerald inside the largest open-pit mine in Kagem, which is partially owned by Gemfields — a ...
Gemfields will lobby the Zambian government reverse a newly reinstated export duty on precious stones, as its share price stumbles on fears for its Kagem Mining operation in the country. The new ...
A large emerald weighing 1.1kg (2.5lbs) and worth an estimated £2m has been found in a mine in Zambia. The 5,655-carat gem was named "Inkalamu", by mining company Gemfields, which found it at Kagem, ...
Zambia is seeking a compromise solution with bondholders and does not expect them to seize its mining assets even though it ...
Forbes contributors publish independent expert analyses and insights. I bring creativity and culture from around the globe to you. Last spring, Kagem Mining, which is majority-owned by Gemfields—a ...
Amnesty International and the Southern Africa Litigation Centre (SALC) intervened Monday on behalf of Zambian residents in an appeal in a South African mining case. South Africa's Supreme Court of ...
JOHANNESBURG – Billionaire Lev Leviev, who made his fortune undercutting De Beers’ former diamond monopoly, has bought half of one of Africa’s biggest emerald mines. Leviev bought into the Grizzly ...
Gemfields said in a release this week that the gem—which has been named “Inkalamu,” meaning “Lion” in the local language—was unearthed on October 2 at its Kagem emerald mine. Gemfields said in a ...