Gemstones - Copperbelt Katanga Mining

Global Diamond Mining Industry | The Way Forward 2020

March 31, 2020 arnbethnic

Alrosa and DeBeers are the two companies that share half of the world’s diamond supply. Whether you have ever owned an actual piece of diamond jewelry or not, you have probably heard about the dark history of the diamond trade. The concept of a blood diamond came from different parts of the African continent where diamond mining companies were exploiting workers and entire communities for profit. People have been suffering in gruesome conditions, and human rights organizations are still in the fight to end this issue. While… 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

Gemstones International Mining in Zambia Precious Stones

Gemfields lists on London Stock Exchange

February 19, 2020February 19, 2020 arnbethnic

The Gemfields Group, which, in collaboration with the Zambian government, owns the Kagem Emerald Mine in Lufwanyama, has returned to trade and listed its shares on the AIM market of the London Stock Exchange on February 14, 2020 after 3 years. The listing is the latest demonstration of Gemfields’ ethos of transparency, legitimacy, and integrity that allows a wider reach of international investors to directly participate in Gemfields, which owns 75% of the Kagem Emerald concession in Lufwanyama, with 25% in Government owned by the Industrial Development Corporation (IDC). Sean… Read More Here