Emeralds - Copperbelt Katanga Mining

Gemfields warns of bleak second-half

August 3, 2020August 3, 2020 arnbethnic

Gemstone miner Gemfields has warned of bleak conditions for the remainder of this year, as the spread of Covid-19 continues to impact on the group. “Conditions remain very challenging for Gemfields and for the wider gemstone sector. The effect of travel restrictions, quarantine periods and prohibitions on large gatherings, combined with rising Covid-19 infection rates in our African host nations and in India − our key market for rough emeralds – mean that conditions presently look bleaker rather than better for the remainder of 2020. “There remains considerable uncertainty as… Read More Here

Mining in Zambia Emeralds Precious Stones

Gemfields accepted as corporate member of voluntary human rights initiative

May 30, 2020May 31, 2020 arnbethnic

London-headquartered Gemfields, which owns the Kagem emerald mine, in Zambia, and the Montepuez ruby mine, in Mozambique, has become the first gemstone company in the world to be recognised as a corporate member by the Voluntary Principles on Security and Human Rights (VPSHR). The principles are a globally recognised initiative by governments, companies and nongovernmental organisations (NGOs) to confront human rights abuses and violations, and have become the common standard implemented across a variety of industries, guiding companies on how to conduct their security operations while at the same time… Read More Here

Emeralds International Mining in Zambia

Gemfields launches second short film highlighting what makes emeralds special

May 4, 2020May 5, 2020 arnbethnic

Gemstone miner Gemfields has launched the second of four short films, the latest edition of which is dedicated to the emerald – the birthstone of the month of May. The aim of these short films is to give viewers an understanding of what coloured gemstones really are, where they come from and what makes them special. This follows on the launch of the inaugural video on responsible sourcing, which coincided with World Earth Day on April 22. Fine jewellery specialist and author of the book Emerald, Joanna Hardy explains that a high-quality gemstone… Read More Here

International Emeralds Mining in Zambia

Gemfields upgrades security amid human rights concerns

April 29, 2020April 30, 2020 arnbethnic

Gemfields is stepping up efforts to increase transparency and ensure security and human rights are protected at its operations. The company, which owns the luxury Fabergé jewellery brand, is the world’s biggest coloured gems producer, mining emeralds and rubies in Zambia and Mozambique, announced Monday that it is the only gemstone company to be recognized as a corporate member by Voluntary Principles on Security and Human Rights (VPSHR). Jack Cunningham (left), Head of Sustainability at Gemfields engaging with community at its operations. (Image provided by Gemfields) Gemfields is stepping up efforts to increase… Read More Here

Mining in Zambia Emeralds Gemstones

Kagem Emerald Mine Lockdown Due to COVID-19

March 31, 2020March 31, 2020 Copperbelt Katanga News

Kagem Mining has stopped operations at its emerald mine in Lufwanyama to protect employees during the coronavirus pandemic. “The wellbeing of Kagem’s employees and communities is our top priority. As a result, all but critical operations at the Kagem Emerald Mine have been suspended for a maximum of one month from March 30, 2020, ”said Dr. Sixtus Mulenga, Board Chairman of Kagem. Almost 1,000 people work at Kagem, which is operated by Gemfields in collaboration with the Zambian government through the Industrial Development Corporation, which owns 25% of the business.… Read More Here

Emeralds Mining in DRC

Can Congo Become the World’s Top Producer of Copper Again?

March 5, 2020March 5, 2020 Copperbelt Katanga News

Robert Friedland, founder and chairman of Canada-based mining firm Ivanhoe Mines, wants to make the Democratic Republic of Congo, or DRC, the biggest producer of copper in the world in connection with the rising demand from the electric vehicle industry and other sectors. (Chile is currently the biggest copper producer in the world). Copper production in the DRC rose by 17% year-on-year to 1.433 million tons in 2019. Friedland said his company is building “three of the best mines in the world” through its Kamoa-Kakula copper project in the DRC, and added… Read More Here

Cobalt Emeralds Mining in DRC

Red Rock excited about second – phase DRC exploration

February 28, 2020February 28, 2020 Copperbelt Katanga News1 Comment

Republic of Red Rock Resources, listed on the London Stock the Congo (DRC) Exchange, has contracted Minex Consulting to explore minerals to start a second phase of exploration for its copper belt license in the south of the Democratic. The license, which Red Rock calls the Luanshimba project, provides for copper and cobalt mineralization, according to an initial exploration program in December 2018. The project is 80% owned by Red Rock, the rest by a local partner. “We have received very promising results from the first exploration in a favorable… Read More Here

Emeralds Mining in DRC

Ivanhoe Development of the Congo copper mine ahead of schedule

February 26, 2020February 26, 2020 Copperbelt Katanga News1 Comment

Canada’s Ivanhoe Mines (TSX: IVN) announced that the underground development at its Kakula copper mine in the Democratic Republic of Congo continues to advance ahead of schedule and that initial production is expected in Q3-2021. In a press release, co-chairs Robert Friedland and Yufeng “Miles” Sun said that more than eight kilometers of underground development have been completed, which is 1.7 kilometers ahead of plan. They also said that this month, the mining team is on pace to set a new monthly development record of 1,310 metres of advancement ─… Read More Here

Cobalt Copper Emeralds Iron Mining in DRC Mining Projects

Tenke Fungurume Mine

February 21, 2020February 23, 2020 arnbethnic

Tenke Fungurume Mining SA Location Tenke Fungurume Mining SA Province Lualaba Province Country Democratic Republic of the Congo Coordinates 10°34′06″S 26°11′44″ECoordinates: 10°34′06″S 26°11′44″E Production Products copper, cobalt History Opened 2009 Tenke Fungurume Mining SA (TFM) is one of the largest copper and cobalt producers in the Democratic Republic of Congo (DRC). Construction on the site began in the latter part of 2006, and in 2009, TFM produced its first copper. The mine has since become a vital source of income for local communities and the country by way of royalties and taxes, as well… Read More Here

Copper Emeralds Mining in DRC

Kamoa-Kakula Project

February 21, 2020February 21, 2020 arnbethnic

A member of Kakula’s future workforce, a miner trainee “operating” a piece of heavy equipment on a simulator at Kamoa-Kakula’s new training centre. The Kamoa-Kakula Copper Project — a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%) — has been independently ranked as the world’s largest, undeveloped, high-grade copper discovery by international mining consultant Wood Mackenzie. It is a very large, near-surface, flat-lying, stratiform copper deposit with adjacent prospective exploration areas within the… Read More Here