Gemstones - Copperbelt Katanga Mining

Gemfields anticipates more than 50% increase in net profit

October 3, 2022October 3, 2022 Copperbelt Katanga NewsGemstones, Zambia

Gemfields believes it is reasonably certain that its net profit after tax will be US$56.7 million for the six months ending 30 June 2022, comparative to a six-month period of US$23.8 million. Gemfields’ two key operating assets, MRM and Kagem, generated revenues of US$95.6 million and US$85.2 million respectively during the six-month period to 30 June 2021. 2022 saw the group return to its normal auction schedule of two emerald auctions and one ruby auction in the first half of the year. Following on from the strong auction results in… Read More Here

Gemstones

Top 10 Most Valuable Gemstones in The World

September 6, 2021September 6, 2021 Chilombo MahambaGemstones

Gemstones are some of the earth’s most exquisite natural treasures. People all over the world have appreciated them throughout history, for different reasons. While they are most commonly used as decorative ornaments, they are also known for their religious symbolism. Such gemstones have always been valued for their supposed healing powers too. Whether it be a diamond, ruby, or sapphire, all gemstones possess a distinct beauty. It makes each special in its own way. Despite this, the fact is that some gems are rarer than others. That’s a factor that significantly impacts their value of… Read More Here

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Chrysoberyl: One of the World’s Most Exotic and Expensive Gems

September 4, 2021September 4, 2021 Chilombo MahambaGemstones

The mineral or gemstone chrysoberyl is an aluminate of beryllium with the formula BeAl2O4. Despite the similarity of their names, chrysoberyl and beryl are two completely different gemstones, although they both contain beryllium. Chrysoberyl is the third-hardest frequently encountered natural gemstone and lies at 8.5 on the Mohs scale of mineral hardness, between corundum (9) and topaz (8). Chrysoberyl belongs to the orthorhombic crystal system, forming with tabular crystals in slender prisms. Crystal twins and triplets are quite common. Common chrysoberyl is colored by iron, while color change varieties obtain their color through chromium.… Read More Here