Gemfields committed on UN SDGs & Vision 2030

Gemfields’ responsibly sourced gemstones 

Gemfields Kagem highlights its’ endeavour for responsible sourcing. Kagem is committed to ensuring that the community continues to benefit positively from its operations through various sustainability programmes focused on alleviating poverty and aligned with government policies, the UN Sustainable Development Goals (SDGs) and Vision 2030. 

The mine has spent more than USD 2 million on community projects, including, 1: Rehabilitation of the 18.7km road connecting Chief Nkana and Chief Lumpuma’s chiefdoms from Kandole to Kafwaya village in Lufwanyama district, A: Construction of the Nkana Health Centre. 

B: Construction and equipping of a new Chapula Secondary School, C: Construction of new buildings at Chapula Primary School, D: Building of teachers’ accommodation at Kapila Community School, E: Support for the ‘Blessings’ and ‘Green Farm’ projects & F: Improvements to Chief Nkana and Chief Lumpuma’s palaces.

2: Kagem’s USD 345,000 industry training initiative is sponsoring 12 students from the geological and mining engineering departments at the School of Mines at the University of Zambia (UNZA) and Copperbelt University (CBU) over a period of eight years. 

3: Since acquiring 75 percent of Kagem in 2008, Gemfields has been meticulous in declaring revenue, which has reached approximately USD 635 million, from the sale of emeralds at auctions both locally and internationally, which are overseen by representatives from the Ministry of Mines and Zambia Revenue Authority (ZRA). 

Proceeds from the auctions are repatriated to Zambia, generating valuable foreign exchange for the nation. 

4: Kagem has contributed approximately USD 120 million to the Zambian government in cumulative corporation taxes, mineral royalties and dividends. 

This means that, up to 31 December 2019, 18 percent of Kagem’s revenues have flowed to the Zambian government. 5: Kagem currently provides more than 1,100 direct jobs. 

Gemfields has developed a proprietary grading system and a pioneering auction and trading platform to provide a consistent supply of coloured gemstones to the global jewellery market. 

Fabergé - an iconic name with an exceptional heritage - is a member of the Gemfields Group. This enables Gemfields to improve its positioning, perception and consumer awareness of responsibly sourced coloured gemstones through the beauty of design and craftsmanship. Gemfields’ responsibly sourced gemstones are the preferred choice for show pieces created by many world-renowned luxury houses and cutting-edge designers.