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Category: Emeralds

Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic  1 Mining in Zambia Emeralds Infrastructural Development Press Release 

Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic 

Constance
Today, the Minister of Technology and Science, Hon. Felix Mutati, MP, led the groundbreaking ceremony signalling the start of construction work for Chapula Polytechnic in Lufwanyama – Zambia’s first official polytechnic. The ceremony demonstrates Kagem Mining Limited (Kagem)’s commitment to fulfilment of the Memorandum of Understanding (MoU) it signed with the Government in September 2023, in which the mine committed to the construction of the centre at an estimated cost of ZMW 52.5 million (USD 2.5 million). The centre will aim to provide local people from Lufwanyama and other areas surrounding… Read More Here
Gemfields aids authorities in securing prison sentences for bribery totalling 5 years 9 months 2 Mining in Zambia Emeralds Press Release 

Gemfields aids authorities in securing prison sentences for bribery totalling 5 years 9 months

Constance
The former chief of staff to Andry Rajoelina, the President of Madagascar, was jailed for three and a half years by a London court on Friday 10 May 2024 for soliciting a bribe from Gemfields, the 75% owner of Kagem Mining Ltd. The former chief of staff, Romy Andrianarisoa (47) and her French accomplice, Philippe Tabuteau (54) sought nearly USD 300,000 by wire transfer plus 5% of any Gemfields mining operation in Madagascar in return for assisting Gemfields in establishing a gemstone joint venture in the country. Tabuteau, who had… Read More Here
Kagem Mining welcomes national drive to upskill workforce 3 Mining in Zambia Emeralds Press Release 

Kagem Mining welcomes national drive to upskill workforce

Constance
LUFWANYAMA, ZAMBIA – On May 1, Kagem Mining Limited (Kagem) took part in the joint Labour Day celebrations, held at the Lufwanyama Boarding School Hall, which brought together representatives from government, mining companies, trade unions, as well as others operating in Lufwanyama, demonstrating its solidarity with the broader labour community across the district. At the occasion, Kagem welcomed the government’s call to bolster productivity in the workplace through continuous improvement and upskilling of staff to create an increasingly capable workforce. The Lufwanyama’s District Commissioner, Mr. Justin Mwalikwa, said, “In an… Read More Here
Gemfields Auction Yields USD 17.1 Million in Commercial-Quality Emeralds 4 Mining in Zambia Economy Emeralds 

Gemfields Auction Yields USD 17.1 Million in Commercial-Quality Emeralds

Constance
Gemfields has concluded another successful auction of commercial-quality rough emeralds, held from March 5 to March 22, 2024. The auction, conducted by Gemfields’ subsidiary Kagem in Zambia, generated total revenues of USD 17.1 million, with 40 out of 43 lots sold, achieving a remarkable 93% sales rate. Key Highlights: .Total auction revenues reached USD 17.1 million. .43 lots were offered, with 40 lots successfully sold, accounting for a 93% sales rate. .The average price per carat stood at USD 4.45. .Since July 2009, Kagem auctions have amassed total revenues of… Read More Here
Women Break Ground in Heavy Machinery Operation at Kagem Mining 5 Mining in Zambia Emeralds Gemstones 

Women Break Ground in Heavy Machinery Operation at Kagem Mining

Constance
In a revolutionary shift towards gender diversity and inclusion, Kagem Mining is rewriting the narrative of women in the mining industry. What was once considered an unconventional sight—women skillfully maneuvering heavy-duty machinery—is now becoming a norm at the emerald mine, challenging traditional gender stereotypes and fostering an environment of empowerment. The journey towards inclusivity began in 2022 when Kagem welcomed four female heavy equipment operators into its workforce. Since then, the mine has made remarkable strides, recently incorporating an additional 11 female operators, totaling 14 women in this role alone.… Read More Here
Zambia Tops Global Emerald Production but Faces Local Industry Dilemma 6 Mining in Zambia Diamond Emeralds Precious Stones 

Zambia Tops Global Emerald Production but Faces Local Industry Dilemma

Constance
Amidst Cheers and Conundrums in Emeralds Zambia claims the crown in global emerald production, marking a milestone in President Hakainde Hichilema’s tenure. This success, however, is shadowed by a perplexing issue: local companies in Zambia are unable to acquire these precious stones from their homeland. The enigmatic reasons behind this oddity cast uncertainties on the gemstone market and the Zambian economy. While Zambia revels in its emerald prowess, the inability of domestic companies to secure these stones poses a dilemma. This paradox poses a threat to the growth of the… Read More Here
Emeralds and rubies continue to give Southern Africa exceptional gemstone hues 7 Mining in Zambia Emeralds Gemstones 

Emeralds and rubies continue to give Southern Africa exceptional gemstone hues

Constance
Southern Africa continues to dazzle the world with its stunning gemstones, as the lush green emeralds of Zambia and the fiery red rubies of Mozambique paint a vibrant picture of the region’s rich mineral wealth. Zambia’s emeralds, some of the oldest on our planet, owe their mesmerizing green hue to a geological dance that unfolded over 500 million years ago. The intricate interplay of beryllium, chromium, and vanadium during their formation is what bestows these emeralds with their vivid and alluring color. Meanwhile, Mozambique boasts a bountiful treasure trove of… Read More Here
Kagem continues to spearhead transparency on tax in Zambia 8 Emeralds Mining in Zambia Mining tax 

Kagem continues to spearhead transparency on tax in Zambia

arnbethnic
Gemfields, which operates the Kagem emerald mine in Lufwanyama, has announced updated figures to the end of December 2022 for the ‘G-Factor for Natural Resources’, a measure promoting greater transparency regarding the level of natural resource wealth shared with the governments of host countries, whether from the mining, oil, gas, timber or fishing sectors, launched in July 2021. Gemfields once again invites governance bodies, mining organisations, industry observers and host governments to adopt the G-Factor for Natural Resources in order to improve transparency when it comes to the share of natural… Read More Here
Gemfield’s latest emerald auction included 37 kg “Kafubu Cluster” 9 Emeralds Mining in Zambia 

Gemfield’s latest emerald auction included 37 kg “Kafubu Cluster”

Johannsen
Gemfields has announced the results of an emerald auction comprising a series of five sequential mini auctions held during the period 30 October – 17 November 2022. The auction contained a selection of grades that are typically offered at Kagem Mining auctions of higher quality emeralds. In addition, the auction included a 37kg special interest piece called the “Kafubu Cluster”. The auction lots were made available for in-person and private viewings by customers in Bangkok. Following the viewings, the auctions took place via an online auction platform specifically adapted for… Read More Here
Zambia has moved from world’s number 3 emerald producer to number 1 10 Emeralds Mining in Zambia 

Zambia has moved from world’s number 3 emerald producer to number 1

arnbethnic
• Zambia is now home to the world’s number one emerald mine which is Kagem mine.• In addition to that, Africa has become the number one exporter of emeralds. Emeralds and Semi-Precious Stones Mining Association of Zambia (ESMAZ) has disclosed that Zambia has moved from being the world’s third-biggest producer of emeralds to number one. Speaking during the Association’s Annual General Meeting, ESMAZ President Victor Kalesha stated that Zambia is now home to the world’s largest emerald mining giant, which is Kagem mine, following the high level of marketing which… Read More Here

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