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Gemfields drives responsible!

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Sources Zambian emeralds & Offers to the world map Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Sean Gilbertson, CEO of Gemfields and Kagem Mining. The observation came as Gemfields contributed new data and insights to the latest results of the Knight Frank Luxury Investment Index, which highlighted coloured gemstones. Gemfields operates the Kagem emerald mine in Lufwanyama in partnership with the government’s Industrial development Corporation (IDC) and is at the forefront of promoting responsibly sourced Zambian emeralds in the international market.  “The swing towards precious coloured gemstones is overwhelming. The past decade has seen the world record prices for an emerald and rubies surpass that of a colourless diamond on a per carat basis. It surely can’t be long before sapphires overtake diamonds, too,” said Mr Gilbertson. “We expect vibrant consumer i

Gemfields warns modern slavery

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Illegal Mining Creates social evils! The world’s leading supplier of responsibly sourced coloured gemstones, Gemfields, has warned that illegal miners – including juveniles - are putting their lives at risk and facing modern slavery in Mozambique. The London-based company, which owns 75% of Montepuez Ruby Mining (MRM) in Mozambique, has observed increasing numbers of illegal miner pit collapse incidents in 2019, resulting in the loss of multiple lives. MRM has responded by providing humanitarian assistance in rescue and recovery operations, as well as by increasing on-site signage warning of the dangers of illegal mining and campaigning to raise awareness among the local communities and government officials to assist in tackling the issue. In addition, MRM has carried out an investigation into the illegal mining activities in the Montepuez area of Mozambique, finding that most of the illegal miners are not from the local area and are controlled by syndicates and mid

Gemfields conservation!

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With National Geographic a partnership of vital Supporting African communities and conservation Gemfields, the world’s leading supplier of responsibly sourced coloured gemstones, is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa, benefitting both communities and conservation. Gemfields’ gemstone mining operations in both Zambia and Mozambique provide a significant benefit to these African countries, not only through a substantial source of taxation to the national economy, but in additional projects chosen for the difference they make in protecting Africa’s rich biodiversity and promoting sustainable livelihoods for local communities. Gemfields operates the Kagem emerald mine in Lufwanyama in partnership with the Zambian government, which owns 25 percent. The two short films created through the collaboration, follow National Geographic photographer and filmmaker Shannon Wild as she explores the communitie

Zambia visits Mozambique

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Zambian shares experience on Future of the gemstone mining A high-level delegation of officials from Zambia visited Mozambique last week to share experiences on the future of the gemstone mining sector between the two nations, which are home to the world’s largest emerald and ruby mines respectively. The delegation, led by Ministry of Mines Permanent Secretary Paul Chanda, included senior representatives from the Zambia Revenue Authority, Mine Workers Union of Zambia (MUZ), National Union of Miners & Allied Workers (NUMAW) and Industrial Development Corporation (IDC), which owns 25 percent of Kagem Mining in a partnership with London-based Gemfields, which also operates Montepuez Ruby Mining (MRM) in the Cabo Delgado Province of Mozambique. The Zambian group, accompanied by Kagem chairman Dr Sixtus Mulenga and Gemfields and Kagem CEO Sean Gilbertson, travelled to Mozambique for the inauguration of MRM’s new US$15 million sort house by the Governor of the Cabo De