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“To certain collectors and gem connoisseurs, top quality Zambian emeralds are to be held in equal esteem to those of Colombian origin."
The auction contained a selection of grades that are typically offered at Kagem Mining auctions of higher quality emeralds.
This will support the Gemfields Foundation by contributing 10% of all sales towards projects centred on children and education.
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.
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.
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.
ASX-listed Magnum Mining & Exploration has concluded Phase 1 of the trail mining campaign at its 74%-owned Gravelotte emerald project in South Africa.
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