Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
-
-
Visit: 849
Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
-
-
Visit: 877
Gemfields’ new indicator aims for transparency on how much miners pay host countries in taxes
Mining News Pro - Gemfields called on governance bodies, mining organizations, industry observers and host governments to adopt the ‘G-Factor for Natural Resources,’ a new measure promoting greater transparency regarding the level of natural resource wealth shared with the governments of host countries.
-
-
Visit: 390
Gemfields seeks to promote greater transparency with G-Factor for Natural Resources
Mining News Pro - Gemstone producer Gemfields is inviting collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in adopting the G-Factor for Natural Resources – a new measure promoting greater transparency on the level of natural resource wealth shared with the governments of host countries.
-
-
Visit: 378
Gemfields generates $31m in April emerald mini auctions
Mining News Pro - Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17.
-
-
Visit: 564
Gemfields to restart mines after covid-triggered layoffs
Mining News Pro - Precious gemstones miner Gemfields said on Monday is ready to resume production at its two flagship mines in Africa, nearly a year after it had to halt operations in response to covid-19.
-
-
Visit: 711
Gemfields` earnings impacted by limited auctions
Mining News Pro - London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in Zambia, produced 9.3-million carats.
-
-
Visit: 724
Gemfields sells minority indirect interest in Pilanesburg Platinum Mines
Mining News Pro - Gemfields has started a sales process for its 23.54% holding in Pallinghurst Ivy Lane Capital, which owns 27.64% of Sedibelo Platinum Mines (SPM), giving Gemfields an indirect interest in SPM of about 6.54%.
-
-
Visit: 664
Gemfields holds mini-auctions to address market demand
Mining News Pro - Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to supplement its long-standing direct sales programme for the lowest qualities produced by its Kagem mine in Zambia.
-
-
Visit: 730
Gemfields expects to swing to interim loss
Mining News Pro - Gemfields has advised that its net loss after tax will likely be $56.7-million, or R959-million, for the six months ended June 30.
-
-
Visit: 827
Gemfields steps up efforts to tap Chinese market
Mining News Pro - Precious gemstones miner Gemfields is stepping up efforts to market its emeralds and rubies in China after a report highlighted the “huge potential” for ethically sourced gems in the Chinese market.
-
-
Visit: 761
Gemfields ups security, human rights efforts
Mining News Pro - Gemfields is stepping up efforts to increase transparency and ensure security and human rights are protected at its operations.
-
-
Visit: 884
Security concerns halt Gemfields` Montepuez mine
Mining News Pro - Gemfields said the impact of COVID-19 continues to evolve rapidly and it is not yet possible to predict the full extent of the impact on its operations and revenues.
-
-
Visit: 709
Gemfields beefs up security at Moz operation after spate of attacks
Mining News Pro - Gemstone miner Gemfields has suspended all but critical operations at its Montepuez ruby mine (MRM), in Mozambique, as of April 22, with only security, maintenance and other essential services being rendered to ensure the mine can resume normal operations as soon as it is safe and practicable to do so.
-
-
Visit: 730
Gemfields swings to profit in 2019
Mining News Pro - Precious gemstones miner Gemfields (LON: GEM) said on Tuesday that it expected to record $39.1 million in net profit after tax for 2019, compared to a net loss of $60.4 million in the previous year.
-
-
Visit: 695
Gemfields trades again in London after almost three years
Mining News Pro - Precious gemstones miner Gemfields has returned to trading on the AIM, the London Stock Exchange’s market for juniors, after delisting in 2017 following its acquisition by Pallinghurst Resources.
-
-
Visit: 879
Gemfields confirms $60m full-year loss
Mining News Pro - Gemfields on Monday confirmed that it had posted a $60.4-million net loss for the year ended December 31, 2018, compared with a $45.1-million profit in 2017.
-
-
Visit: 1050