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Category: Gemstones

COVID-19 Emeralds Mining in Zambia Emeralds Gemstones 

Kagem Emerald Mine Lockdown Due to COVID-19

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
Gemfields lists on London Stock Exchange 1 Gemstones International Mining in Zambia Precious Stones 

Gemfields lists on London Stock Exchange

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

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