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Category: Emeralds

Zambia’s Lufwanyama Emerald Communities Demand Stronger Local Benefits from Mining Companies 1 Mining in Zambia Emeralds 

Zambia’s Lufwanyama Emerald Communities Demand Stronger Local Benefits from Mining Companies

Constance
Lufwanyama Communities Demand Greater Local Participation and Accountability in Mining Communities in Lufwanyama, a district renowned for its rich emerald deposits, are calling for greater local participation in mining and stricter accountability for companies operating in the area. The call came during the “Mining with the People, for the People: Reclaiming Local Benefits in Lufwanyama” Indaba, held on 21–22 August 2025 at the Lufwanyama Council Lodge. Participants urged the government and stakeholders to ensure mining companies uphold both social and environmental standards. The forum was organized by Caritas Zambia, the… Read More Here
Grizzly Mining’s Dubai Auction Nets $24.8M from Zambian Emeralds 2 Mining in Zambia Emeralds 

Grizzly Mining’s Dubai Auction Nets $24.8M from Zambian Emeralds

Constance
Grizzly Mining, a leading Zambian rough emerald producer, has announced revenue of $24.8 million from its most recent international emerald auction held in Dubai this past May. The auction featured medium- to high-grade rough emeralds sourced from the company’s flagship Grizzly Emerald Mine in Zambia. Of the 112 lots offered, 105 were sold—representing a 93.75% success rate—amounting to a total of 1.49 million carats sold. A standout of the event was the sale of the remarkable 6,620-carat Pilala stone, a vivid green emerald with exceptional transparency and intense fluorescent colour.… Read More Here
Kagem Mining Honoured for Surpassing 10 Million LTI-Free Hours in Workplace Safety Milestone 3 Mining in Zambia Corporate News Emeralds Mine Safety 

Kagem Mining Honoured for Surpassing 10 Million LTI-Free Hours in Workplace Safety Milestone

Constance
Kagem Mining Limited has been honoured by Zambia’s Mines Safety Department for achieving over 10 million hours without a Lost Time Injury (LTI), a rare and commendable milestone in the high-risk mining sector. The company reached 10,098,176 consecutive LTI-free hours, an achievement recognised during a high-level ceremony in Kitwe. The award underscores Kagem’s leadership in workplace safety, as maintaining a zero Lost Time Injury Frequency Rate (LTIFR) demonstrates a robust safety culture. A Lost Time Injury is defined as any incident that results in an employee missing work. Surpassing 10… Read More Here
Kagem Resumes Targeted Mining to Boost Premium Emerald Recovery 4 Mining in Zambia Emeralds 

Kagem Resumes Targeted Mining to Boost Premium Emerald Recovery

Constance
Kagem Mining Limited, Zambia’s leading emerald producer, is set to resume focused open-pit mining operations to boost the recovery of premium-quality emeralds, Gemfields Group Limited announced yesterday. Located in Lufwanyama District, the Kagem mine is 75% owned by UK-based Gemfields and 25% by the Zambian government through the Industrial Development Corporation (IDC). Mining activities had been suspended since January 1, 2025, as part of a strategic cost-saving initiative. During the pause, operations shifted to processing existing ore stockpiles using an upgraded plant. Although emerald production continued steadily in terms of… Read More Here
Zambia re-introduces 15% export duty on emeralds 5 Mining in Zambia Economy Emeralds 

Zambia re-introduces 15% export duty on emeralds

Constance
Gemfields has become aware that a new statutory instrument in Zambia dated 30 December 2024 and which came into effect on 1 January 2025 (S.I. No. 88 of 2024, the Customs and Excise (Precious Stones) (Export Duty) (Suspension) (Revocation) Order, 2024) has revoked the 2019 suspension of a 15% export duty on precious gemstones. This directly impacts the Zambian emeralds mined by Kagem Mining Limited (“Kagem”) which is 75% owned by Gemfields and 25% owned by the Zambian Government’s Industrial Development Corporation. This 15% export duty now applies on top… Read More Here
Temporary Suspension of Mining Operations at Kagem Due to Damaged Emerald Market 6 Mining in Zambia Emeralds 

Temporary Suspension of Mining Operations at Kagem Due to Damaged Emerald Market

Constance
Kagem Mining Limited (“Kagem”) announces the temporary suspension of mining operations at Kagem. This decision is a direct consequence of disturbed emerald market dynamics arising from an oversupply of Zambian emeralds at discounted prices during the second half of 2024, compounded by conflicting emerald auction dates between the key Zambian emerald producers and giving rise to a destabilised Zambian emerald market outlook for at least the first half of 2025. These market dynamics are evidenced by the disappointing auction results from Kagem’s last commercial and higher-quality auctions held in September… Read More Here
Gemfields' November Emerald Auction Nets $16.1 Million Amid Market Challenges 7 Mining in Zambia Corporate News Emeralds 

Gemfields’ November Emerald Auction Nets $16.1 Million Amid Market Challenges

Constance
Gemfields has reported revenues of $16.1 million from its November 2024 higher-quality emerald auction. The auction, held online from November 4–21, achieved a 70% sales rate, with 141,084 carats sold out of the 200,460 carats offered across 43 lots. The average price per carat was $113.96, reflecting mixed market dynamics. Adrian Banks, Managing Director of Product & Sales at Gemfields, acknowledged the auction’s mixed outcomes: “Top-quality lots achieved bids close to record levels, but the overall result was disappointing due to weaker and fewer bids for lower-quality grades.” The emerald… Read More Here
Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic  8 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 9 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 10 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

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