emeralds
Diamonds & Gemstones
Gemfields: highest auction revenue since March 2016
The auction contained a selection of grades that are typically offered at Kagem Mining auctions of higher quality emeralds.
Diamonds & Gemstones
Responsibly-sourced emeralds take centre stage in fund raising collection
This will support the Gemfields Foundation by contributing 10% of all sales towards projects centred on children and education.
Diamonds & Gemstones
Kagem signs collective agreement with unions
Kagem Mining has signed an agreement with unions under which unionised employees will receive a 10% increase in basic salary for 2020.
Southern Africa
Gravelotte emeralds to undergo commercial pricing assessment
Magnum Mining & Exploration is under way with the recovery of a parcel of emeralds from the trial mining programme at its Gravelotte emerald project, allowing for a commercial assessment of pricing.
Southern Africa
Phase 2 of trial mining begins at Gravelotte emerald project
Phase 2 of the trial mining programme has just begun at Magnum Mining and Exploration’s Gravelotte emerald project in South Africa as a means to evaluate and determine the best mining processing and sorting techniques.
Diamonds & Gemstones
Kagem Mining invests in new equipment
Kagem Mining, which is 75%-owned by Gemfields, has invested US$11 million in new equipment to increase operational efficiencies at the Kagem emerald mine, creating further skilled local jobs in the process.
Central Africa
Gemfields turns status from net loss to net profit
Precious stones miner Gemfields estimates that it will transform its financial status for the six-month period to 30 June 2018 from a state of net loss to net profit.
Diamonds & Gemstones
Phase 1 of Gravelotte emerald project trial mining campaign yields results
ASX-listed Magnum Mining & Exploration has concluded Phase 1 of the trail mining campaign at its 74%-owned Gravelotte emerald project in South Africa.
News
Gemfields’ emerald mine in Ethiopia overrun by mob
On Friday 29 June 2018, a mob estimated at between 300 and 500 persons overran the operations of Web Gemstone Mining, an Ethiopian company in which Gemfields holds a majority interest.
Diamonds & Gemstones
Kagem Mining reaches agreement with unions on pay hike
Kagem Mining has successfully concluded negotiations with trade unions regarding improved conditions of service and salaries for employees at the Kagem emerald mine in Zambia.
