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2024
19 November 2024
Gemfields showcase new ruby and emerald jewellery pieces ahead of the holiday gifting period.
2 October 2024
The new Kimberly McDonald x Gemfields collaboration features playful, asymmetric pieces showcasing the appeal of Zambian emeralds from Kagem.
2 August 2024
New book on coloured gemstones celebrated at book-signing event in Jaipur, hosted by Gemfields.
26 July 2024
Kagem Mining is honoured with Lost Time Injury (LTI)-free hours award by Zambian government.
17 July 2024
Kagem once again pays dividend to Zambia – showing its commitment to mining with transparency, legitimacy and integrity.
23 May 2024
Kelly Rowland wears Gemfields’ Zambian emeralds in a trio of jewellery pieces by Shruti Sushma x Gemfields at the Cannes Film Festival.
1 May 2024
Kagem Mining Limited uses Labour Day as an opportunity to highlight the importance of workforce training.
30 April 2024
Kagem Mining Limited signs off on a deal to expand the technical training of its mine staff.
22 April 2024
Sandy Leong partners with Gemfields for the fifth time, using rubies from Mozambique to capture the spirit of Chinese New Year in her new Lunar Collection.
7 April 2024
MRM marks Mozambican Women’s Day with an event to integrate displaced women into the community.
12 March 2024
Coloured gemstones dazzle in many A-list ensembles, as Awards Season reaches its glamorous climax at the Oscars.
21 February 2024
MRM supports local farming, with donation of 50 tonnes of seeds as well as fertiliser
15 February 2024
Kagem strives for gender equality with announcement of more female heavy equipment operators
14 February 2024
Gemfields’ Valentine’s Day poll confirms desire for coloured gemstones as romantic gifts
7 February 2024
MRM-funded Namanhumbir VTC announces it will more than double the number of young people it trains each year
2 February 2024
Gemfields’ emerald-centric collaboration with House of Meraki drops on Net-a-Porter
1 February 2024
Local farming associations thank Kagem for fertiliser donation and ongoing support
31 January 2024
Cabo Delgado’s governor praises MRM for its transparent practices on a visit to the mine
2023
20 December 2023
A new internship programme introduced by MRM and Field Ready will give local youth the opportunity to spend three months learning the mining trade with MRM, preparing them for a bright future.
18 December 2023
MRM makes new commitment to funding entrepreneurship project to transform the life chances of those living in Namanhumbir Administrative Post.
21 November 2023
MRM has extended the scope of its WASH programme by providing new boreholes and latrines to ensure clean water and sanitation in the community around its mine.
10 November 2023
Kagem Mining and the Gemfields Foundation formally present to the community a new classroom block and computer lab they jointly funded at the Kapila Primary School, close to the mine in Zambia.
7 November 2023
Gemfields and IVY New York team up, with a new collection showcasing our Mozambican rubies and Zambian emeralds.
24 October 2023
Xi’an, Wuhan and Hangzhou are the latest Chinese cities to receive coloured gemstone masterclasses from Gemfields and GUILD Institute of Gemology.
26 September 2023
The second Aurora Awards ‘International Gem and Jewelry Competition’ are co-hosted by Gemfields and GUILD in Shenzhen
11 August 2023
A furniture donation from Kagem is the latest initiative to enhance the learning environment at Lufwanyama’s Masasa Combined School.
7 August 2023
MRM signs a contract to construct a second plant, which will triple processing capacity at the ruby mining concession.
31 July 2023
Displaced young people trained at MRM-funded VTC
24 July 2023
Kagem holds workers’ awards ceremony
6 July 2023
Ruth Tomlinson’s ‘Montepuez’ collection of fine jewellery rings launches, showcasing MRM’s rubies alongside diamonds in four stunning designs.
27 June 2023
A riot of colour on the red carpet
9 June 2023
MRM on the top of the table as highest taxpayer in Cabo Delgado for 2022
6 June 2023
MRM plants trees and undertakes other initiatives to protect the environment
19 May 2023
MRM agriculture project helps Namanhumbir farmers to produce record cereal crop
2 May 2023
May is the month of the emerald – and there is no shortage of glorious green gift ideas
28 April 2023
House of Meraki x Gemfields launch new emerald-focused collection on Net-a-Porter
21 April 2023
Gemfields and GUILD partner for Beijing ruby masterclass
20 April 2023
The Line x Gemfields Songbird collection features fine coloured gemstones and Indian artistry
7 April 2023
Mozambican and Zambian Presidents praise MRM and Kagem achievements at business forum
31 March 2023
Gemfields and GUILD host popular Ruby Masterclass in Chinese city of Chengdu
31 March 2023
Proceeds from new Sandy Leong x Gemfields collection to give back to communities
10 March 2023
Gemfields’ Mozambican rubies star in ‘Dragon’ chapter of Fabergé’s Game of Thrones collection
15 February 2023
Gemfields releases latest ‘G-Factor for Natural Resources’ figures to encourage sharing of natural resource wealth
13 February 2023
Rubies and emeralds sparkle in romantic collections made for Valentine’s gifting
25 January 2023
KPMG names MRM Best Company of Mozambique (2021) in annual survey
10 January 2023
New MRM tax-funded health centre expands access to medical care in Montepuez
2022
16 December 2022
The Donna Hourani x Gemfields Bridge collection is given a glittering launch in Dubai
15 November 2022
Gemfields and GUILD deliver first Shenzhen media masterclass
2 November 2022
The Kafubu Cluster – remarkable for its size and emerald formation – comes to auction
1 November 2022
House of Meraki x Gemfields J’aime collection shines a light on Zambian emeralds
27 October 2022
Kagem provides funding for renovation – and a computer lab – at Kapila Primary School
25 October 2022
MRM evacuates its site as a precaution, after reports of violence in Cabo Delgado
3 October 2022
Kagem renews its support of Zambia’s Copperbelt University (CBU) through scholarship funding
22 September 2022
Four women break new ground, and set an example, as Kagem’s first female heavy equipment operators
20 September 2022
Shanghai is treated to an emerald masterclass from Gemfields and GUILD Institute of Gemology
19 September 2022
Work begins to upgrade and add computer facilities to Kapila Primary School
3 August 2022
Work begins on re-building Madagascar primary school by Gemfields Foundation
12 July 2022
Kagem awarded ISO certification
4 July 2022
Margery Hirschey x Gemfields celebrate ruby month with Barcelona collection
1 July 2022
July is the month of the ruby – as these fiery gems take centre stage
8 June 2022
Kagem renews University of Zambia (UNZA) scholarship funding
6 April 2022
Gemfields invites partners to join “Gemdustry” and support online tech gateway GemCloud
2021
8 November 2022
Gemfields introduces its largest high-quality emerald yet: Chipembele, the rhino emerald
10 December 2021
Introducing the Chipembele Crash: an NFT series celebrating Chipembele, the rhino emerald
30 November 2021
Sandy Leong and Gemfields join forces again with new ruby collection
28 October 2021
Phillips’ Treasures from Zambia: the collector of these exceptional gems shares his insights into how to buy emeralds
1 September 2021
Gemfields launches Sapphire
Gemfields celebrates Sapphire month with the launch of the third instalment in a series of books dedicated to the ‘Big Three’ coloured gemstones, and marks the completion of the trilogy with the limited edition Jewel of Africa x Gemfields pendant.
August 2021
Gemfields Foundation starts construction of a primary school in Madagascar
July 2021
Gemfields Foundation provides 4,000 solar lamps for internally displaced people
March 2021
Gemfields and Montepuez Ruby Mining supports displaced people in Cabo Delgado
22 March 2021
Launch of the Sandy Leong x Gemfields Sol Collection on World Water Day.
2020
December 2020
Gemfields and the Jewellery Association Show (JAS) launch the Jewellery Eminence Awards – the first-ever jewellery awards to be completely virtual
December 2020
Gemfields partners with Mozambique’s Luwire Wildlife Conservancy to support local communities and biodiversity
December 2020
New village resettlement complete – 105 families move into their new houses
23 November 2020
Montepuez Ruby Mining is recognised as the highest local taxpayer for six years running
9 November 2020
Gemfields collaborates with jewellery brand Empriyal on a Zambian emerald collection
26 October 2020
Montepuez Ruby Mining donates an ambulance to Namanhumbir Health Centre to transport patients from 20 local villages in Cabo Delgado province
11 October 2020
British singer-songwriter Ellie Goulding wears custom Ralph & Russo featuring over 150 responsibly sourced Zambian emeralds from Gemfields to the digital Green Carpet Fashion Awards
17 August 2020
Introducing Walk for Giants: a capsule collection to support Africa’s endangered wildlife through conservation charity Space for Giants
1 July 2020
Gemfields celebrates rubies as the birthstone for the month of July
Rubies have been long associated with passion, prosperity and protection – and the sunny days of summer
5 June 2020
Gemfields responds to the Covid-19 pandemic to ensure the health and safety of its employees and the communities surrounding its mines
12 May 2020
Gemfields unveils the Coloured Gemstones Working Group, uniting world-leading jewellery makers and gemstone mining companies including Chopard, Kering, LVMH, Richemont, Swarovski and Tiffany & Co
26 April 2020
Gemfields Accepted as Member of World-leading Voluntary Human Rights Initiative
21 April 2020
Gemfields launches short film project with the aim of educating and entertaining viewers on responsible sourcing, emeralds, rubies and how to buy a gem
16 April 2020
Kagem Mining donates disinfectants and public health posters to Lufwanyama District Hospital in the fight against Covid-19
26 February 2020
Montepuez Ruby Mining provides business skills training in finances and money management to local community
20 February 2020
Montepuez Ruby Mining supplies seven communities surrounding its mine in Namanhumbir with 150 bicycles
18 February 2020
Auction of commercial quality rough emeralds, held from 18-21 February in Lusaka, Zambia, generated revenues of USD 11.5 million, an average price of USD 4.01 per carat and sold 64% of carats offered.
14 February 2020
Gemfields Group listed on London’s AIM stock exchange
January 2020
Of the circa USD 1.2 billion of total auction revenue from 2009 – 2020 (across both Kagem and MRM), Gemfields pays some USD 251 million (20.4% of revenue) in corporation tax and mineral royalty to the governments of Mozambique and Zambia. For the first time, these countries are receiving proper participation in their coloured gemstone resources
2019
17 December 2019
Ruby auction, held from 10–14 December in Singapore, generates revenues of USD 71.5 million, an average price of USD 77.12 per carat and sold 80% of carats offered
1 December 2019
Local primary school in the Lumpuma Chiefdom area started construction with the full support and funding of Kagem
30 November 2019
Kagem builds toilets for local Kapilas primary school in Zambia to provide facilities for more than 300 pupils and staff
This project was privately funded thanks to Richa Goyal Sikri and completed by Kagem
22 November 2019
Gemfields partners with Whitewall to present ‘GEOCHROM’ by Los Angeles-based artist and designer Sebastien Leon for the Design Miami/ global design forum
22 November 2019
Emerald auction of higher quality rough emeralds, held in Singapore from 18‐21 November, generates revenues of USD 27.2 million, a record average price of USD 85.26 per carat and sold 88% of carats offered
1 November 2019
Gemfields brings emeralds and rubies to Art021 Shanghai Contemporary Art Fair
1 November 2019
MRM inaugurates a vocational training centre, in partnership with the government, to provide new skills and boost employability of local people in Namanhumbir, Mozambique
The training will equip citizens with a national qualification that they can use to seek future employment. Skills taught include civil construction, carpentry, electricity, painting and plumbing
7 October 2019
Gemfields hosts introductory training course in emeralds, rubies and sapphires for jewellery retail teams
1 October 2019
A surge in interest from China in African coloured gemstones sees the first Chinese customer successfully win a schedule of 117,500 carats of Zambian emeralds at Gemfields’ commercial auction in Lusaka
It also saw a cohort of Chinese business professionals visiting Gemfields mines in both Zambia and Mozambique and a new partnership between Gemfields and the GUILD Institute of Gemology to present a series of masterclasses across China
17 September 2019
Gemfields x The Alkemistry collection launches featuring Zambian emeralds and Mozambican rubies
12 September 2019
The Bibi van der Velden Memento Mori ring featuring Gemfields gemstones is the first-ever contemporary jewellery piece exhibited at Hermitage Amsterdam museum
12 September 2019
Gemfields partners with designer Dan Tobin Smith and The Experience Machine to present VOID, a multisensory spatial installation incorporating gemstones, as part of London Design Festival
September 2019
Kagem meets production targets to secure monthly bonuses for all staff for 22 months straight
23 August 2019
Emerald auction of commercial quality rough emeralds, held in Lusaka, Zambia from 19-22 August, generates revenues of USD 18.6 million, an average price of USD 4.75 per carat and sold 37% of carats offered
1 August 2019
A one-off GBP 25,000 contribution is made by Gemfields to support conservation projects carried out by Fauna and Flora International
31 July 2019
Gemfields sponsors a new East and Southern African Coloured Gemstones Forum, which shares lessons learned and challenges and opportunities within the industry, in Nairobi, Kenya
3 July 2019
Gemfields brings African rubies and emeralds to Paris Couture week in high and fine jewellery creations by global brand partners including Backes & Strauss, Bina Goenka, Fabergé and James Ganh
18 June 2019
Gemfields contributes to and celebrates the launch of Knight Frank’s Luxury Investment Index - Coloured Gemstones Special
18 June 2019
Ruby auction of rough rubies, held in Singapore from 11-15 June, generates revenues of USD 50.0 million, an average price of USD 51.99 per carat and sold 98% of carats offered
31 May 2019
Gemfields is at the heart of the responsible sourcing movement at Couture Las Vegas, one of the largest luxury jewellery and timepiece shows in the world
29 March 2019
National Geographic goes behind the scenes of Gemfields’ vital projects supporting African communities and conservation
27 March 2019
Gemfields hosts exclusive ruby and emerald masterclass experience in London
22 February 2019
Gemfields unveils a new sort house at Montepuez ruby mine in Mozambique
It includes state-of-the-art optical sorting machines, which use ultraviolet light to identify individual gemstones, and then jets of air to push them free
21 February 2019
Emerald auction of commercial quality rough emeralds, held in Lusaka, Zambia from 18-20 February, generates revenues of USD 10.8 million, an average price of USD 4.39 per carat and sold 59% of carats offered.
29 January 2019
Gemfields settles human rights allegations with no admission of liability
Gemfields fully expected to prevail at trial, had it chosen to do so. Read the full statement here.
2019
Pallinghurst Resources changes its name to Gemfields Group
2019
Faberge becomes a certificated member of the Responsible Jewellery Council
2019
Gemfields is awarded membership of the Voluntary Principles on Security and Human Rights (VPSHR), a unique achievement for a company of our size
2018
2016 TO 2018
Gemfields makes a one-off donation of USD 25,000 to Zambian Carnivore Programme’s conservation and anti-poaching initiatives, which include projects in the nearby Kafue and South Luangwa national parks, home to large numbers of lions, cheetahs and wild dogs.
10 December 2018
Ruby auction, held from 10–14 December in Singapore, generates revenues of USD 55.3 million, an average price of USD 84.32 per carat and sold 96% of carats offered
14 November 2018
Emerald auction of higher quality rough emeralds, held in Singapore from 14-17 November, generates revenues of USD 28.4 million, an average price of USD 68.03 per carat and sold 74% of carats offered
29 October 2018
Gemfields announces the discovery of ‘Inkalamu’, a 5,655-carat Zambian emerald crystal with remarkable clarity and a perfectly balanced golden green hue
28 October 2018
Gemfields is the official jewellery and gemstone partner of Vogue India’s Women of the Year Awards, which toasts inspirational and trailblazing women
1 October 2018
Gemfields launches the Every Piece Unique campaign with activations in London, Shanghai and India
30 July 2018
Emerald auction of commercial quality rough emeralds, held from 30 July-2 August in Lusaka, Zambia, generates revenues of USD 10.89 million, an average price of USD 4.21 per carat and sold 90% of carats offered
July 2018
The Web Gemstone Mining operations in Ethiopia is overrun by 400-500 people who force the team to evacuate
The following month, the mine is looted and as many as 1,200 illegal miners extract emeralds. In the year that follows, many illegal miners abandon the site, finding emerald extraction too challenging manually, but reports suggest around 100 remain
5 June 2018
Ruby auction of rough rubies, held from 5-9 June in Singapore, generates record revenues of USD 71.8 million, a record average price of USD 122 per carat for mixed quality ruby auctions and sold 93% of carats offered
31 May 2018
Gemfields teams up with fine jewellery showroom MUSE to present a new collection with a focus on earrings at the annual Couture jewellery show in Las Vegas
25 May 2018
MRM promotes free medical consultations at the inauguration of the second mobile health clinic
15 May 2018
Emerald auction of higher quality rough emeralds, held in Lusaka, Zambia from 15-18 May, generates revenues of USD 10.3 million, an average price of USD 59.55 per carat and sold 56% of carats offered
1 May 2018
MRM upgrades the local mains water infrastructure, sanitation and sewerage in Montepuez, Mozambique
1 May 2018
The second mobile health clinic in Mozambique is introduced
It serves 10 of the villages in and around MRM’s concession and provides screenings for diseases, vaccinations, a deworming programme for children, vitamin A supplementation and prenatal and nutritional consultations. Nurses can administer basic health care, provide prescriptions and make referrals to other doctors or the hospital
1 May 2018
MRM funds and completes upgrades to the local mains electrical system at Namanhumbir clinic
16 April 2018
Gemfields’ Mozambique mine, Montepuez Ruby Mining, is named in KPMG’s Top 100 companies of Mozambique
11 April 2018
Actress Bel Powley wears Elena Votsi Eros earrings, part of the Gemfields x MUSE collaboration, at the premiere of Wilding
4 March 2018
TV host and style blogger Louise Roe wears Fabergé ruby marquise and cushion cut rings, paired with elegant Seraphina Wing earrings featuring Gemfields Mozambican rubies by GFG Jewellery to report from the Oscars red carpet
22 February 2018
Emerald auction of commercial quality rough emeralds, held in Jaipur, India from 19-22 February, generates revenues of USD 10.8 million, with 31 companies placing bids, and sold 95% of carats offered at an average price of USD 3.05 per carat
11 February 2018
Gemfields issues a proactive statement regarding human rights allegations
5 January 2018
Gemfields and Fabergé unveil what is believed to be the world’s first emerald laser-inscribed with traceability information and a personalised message
1 January 2018
Gemfields announces a three-year partnership with an annual USD 50,000 contribution to the Quirimbas National Park, Mozambique
1 January 2018
Gemfields announces a three-year partnership with an annual USD 50,000 contribution to the Zambian Carnivore Programme
1 January 2018
Gemfields announces a three-year partnership with an annual USD 50,000 contribution to the Niassa Carnivore Project, Mozambique
2018
Gemfields investigates illegal mining in Mozambique and uncovers modern-day slavery
2017
2016 to 2017
Gemfields makes a one-off donation of USD 75,000 to Mozambique’s Niassa Carnivore Project to support wildlife conservation and efforts to stem the problem of poaching by developing alternative livelihoods for local communities
6 November 2017
Ruby auction of rough rubies, held from 6-10 November in Singapore, generates record revenues of USD 54.96 million, an average price of USD 90.81 per carat and sold 89% of carats offered and 71 of the 76 lots available
5 October 2017
An extremely rare, high-quality Zambian emerald is sold at auction in Lusaka for an undisclosed amount
2 October 2017
Emerald auction of higher quality rough emeralds, held in Lusaka, Zambia from 2-5 October, generates revenues of USD 21.5 million, an average price of USD 66.21 per carat and sold 100% of carats offered
1 October 2017
Kagem Mining’s construction and rehabilitation of Chapula Secondary School in Zambia is creating opportunities for young people to receive secondary-level education, marking an important milestone in the district
31 July 2017
Pupils from Chapula Secondary School, which was constructed by Kagem in the Lufwanyama District, are invited to visit the Kagem emerald mine as part of an initiative to bring a better understanding of the gemstone industry to the members of the community in which it operates
2 June 2017
Gemfields unveils Ruby: The King of Gems by Joanna Hardy, an illustrated coffee table book following the history of rubies
31 May 2017
Gemfields gemstones feature in the work of 36 designers at the Las Vegas Couture Show
30 May 2017
Local co-operative farmers in the chiefdoms of Nkana and Lumpuma receive subsidised foot-powered pump loans with the help of Kagem Mining Limited
23 May 2017
Coloured gemstone pieces shine on the red carpet of the 70th anniversary of the Cannes Film Festival
During the Festival, Gemfields is also recognised with the Chopard Green Carpet Collection Award.
6 May 2017
Montepuez Ruby Mining honoured with a visit from Mozambique's President Nyusi
1 April 2017
Three classrooms, admin and two teachers’ houses are constructed and funded by MRM at Mpene Primary School, Mozambique
1 April 2017
MRM funds and completes the construction of five classrooms, admin and two teachers’ houses at Nanune Primary School, Mozambique
1 April 2017
MRM supports and funds Mozambique’s Nseue Primary School in rehabilitating eight of its classrooms and constructing three more
Before MRM’s support, the children had classes outdoors and lacked proper conditions to obtain good results
27 March 2017
Gemfields and Gübelin Gem Lab launch a new type of traceability technology, creating independent proof of provenance for emeralds
8 March 2017
Gemfields stars in Vogue video series that shines a light on up-and-coming creative women and daily routines, including their jewellery choices
Louise Roe, Imogen Waterhouse and Margaret Zhang share why they wear responsibly sourced emeralds and rubies
7 March 2017
Louise Roe wears Gemfields responsibly sourced coloured gemstones on the red carpet
7 March 2017
Montepuez Ruby Mining empowers female farmers in Namanhumbir, Mozambique, with a new source of income to support their families – a second chicken farm
1 March 2017
MRM constructs and supports the Namanhumbir chicken farm in Mozambique, training association members and funding the first three cycles with 6,000 chickens
24 February 2017
In honour of Academy Award nominee Ruth Negga and her stylist, Karla Welch, Gemfields kicks off Oscars weekend with a cocktail party at the Chateau Marmont Hotel
2017
A company restructuring sees Gemfields come under ownership of Pallinghurst Resources Limited
2017
MRM is recognised as having the best Social Responsibility practices by the government of Cabo Delgado
1 January 2017
MRM partners with more than 400 farmers in different villages across seven associations, providing them with training and financial support to help move them away from subsistence farming to a more sustainable conservation technique, which will contribute to food security
1 January 2017
Kagem funds the expansion of the Nkana clinic in Zambia, adding a delivery unit and maternity wing, male, female and children’s wards, dispensing clinic and nurses’ accommodation
The additional wards mean the hospital can treat in-patients, avoiding the need to travel long distances to Kalulushi or Kitwe for treatment
1 January 2017
MRM purchases and operates a mobile health clinic and outreach health programme in Mozambique, in partnership with the government
2016
14 October 2016
Chopard and Gemfields create a new industry-leading partnership to support sustainable luxury
Chopard unveils a capsule collection of Green Carpet high jewellery on Julianne Moore on the red carpet at the Cannes Film Festival that includes responsibly sourced emeralds.
August 2016
MRM completes and funds the construction of Nanune Chicken Farm, Mozambique, training 12 association members and funding the first three cycles with a total of 4,000 chickens
1 July 2016
A diamond drilling crew is mobilised at Dogogo South Block, Ethiopia, in June 2016 and drilling commences a month later
July 2016
Renovations at Nanupo School are completed
July 2016
MRM funds and completes the rehabilitation of seven classrooms and admin, with 1,102 beneficiaries, at Nanhupo Primary School, Mozambique
July 2016
The Chapula Secondary School in Zambia opens
22 June 2016
Gemfields unveils Ruby Inspired Stories campaign, a triptych of films featuring up-and-coming global female talent and exploring the hidden meaning of these gemstones
1 June 2016
Kagem supports farmers in four cooperatives: Kapila Green Farms, Blessing Now (Chantete Farms), Twende and Twasanta
4 May 2016
Gemfields and MUSE introduce see-now-buy-now jewellery collection featuring Gemfields rubies and emeralds
1 May 2016
Kagem installs a strong-room at Kapila Community School in Zambia
This means the school is now equipped to conduct Grade 7 exams for the first time because it can store the examination papers securely.
11 February 2016
Gemfields sponsors IMG’s New York Fashion Week: The Shows and joins forces with WME|IMG to develop a multi-platform campaign with digital, social and event activation elements to reimagine luxury gemstones and the juxtaposition between fashion and jewellery
2016
Nanune Chicken Farm opens
2015
16 December 2015
Gemfields celebrates the debut of Mozambican rubies and Bergdorf Goodman’s new jewellery salon with a limited-edition collection
3 December 2015
Gemfields Plc wins the Corporate Development Award at the Mining Journal Outstanding Achievement Awards Dinner in London
7 September 2015
Rough emerald and amethyst auction of higher quality rough emeralds and amethyst, held from 31 August-4 September in Singapore, generates emerald auction revenues of USD 34.7 million and an average realised price of USD 58.42 per carat
Amethyst auction revenues totalled USD 0.44 million with an average realised price of 4.32 US cents per carat.
1 September 2015
Kagem’s USD 345,000 industry training initiative sponsors 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
Six students have been selected so far for the programme, which aims to close the gap between technical and theoretical training and mining requirements to produce industry-orientated graduates.
1 August 2015
MRM funds and installs public lighting and electricity to villages in Namanhumbir, Mozambique
1 August 2015
MRM funds and completes the construction and rehabilitation of 17 water boreholes in Mozambique
22 June 2015
Ruby auction of higher quality rough rubies, held from 16-21 June in Singapore, generates revenues of USD 29.3 million, an average price of USD 617 per carat and sold 66% of carats offered by weight and 87% by market value
9 June 2015
A rare matching pair of rubies, the 'Eyes of the Dragon', totalling 45 carats are discovered and sold at auction
May 2015
The Zambia Mines Safety Department awards Kagem a safety certificate of 3.5 million reportable injury-free shifts
1 May 2015
Kagem completes the construction of a new classroom and admin for 696 students at Chapula Primary School in Zambia
The project is funded by a private donor.
23 April 2015
Ruby auction of predominantly lower quality rough rubies and corundum, held from 17-22 April in Jaipur, India, generates revenues of USD 16.1 million, an average realised price of USD 4.03 per carat and sold 99% of carats offered
24 February 2015
Rough emerald, beryl and amethyst auction of predominantly lower quality rough emerald and beryl, and higher quality amethyst from Kariba Minerals Ltd, in which Gemfields has a 50% interest, is held in Lusaka, Zambia from 24-27 February
It generates emerald and beryl auction revenues of USD 14.5 million, an average realised price of USD 3.72 per carat and sold 39% of carats offered. The amethyst auction generates revenues of USD 0.45 million, an average realised price of 1.77 US cents per carat and sold 25.2 million of the 27.7 million carats offered.
2014
9 December 2014
Ruby auction of predominantly higher quality rough rubies, held from 3-8 December in Singapore, generates record revenues of USD 43.3 million, a record average realised price of USD 689 per carat and sold 74% of carats offered
30 November 2014
Gemfields partners with activist Mary Fisher to create Luxe 100 Good Deeds Bracelet
18 November 2014
Rough emerald and beryl auction of predominantly higher quality rough emeralds, held from 13-17 November in Lusaka, Zambia, generates record auction revenues of USD 34.9 million and an average realised price of USD 65.89 per carat – a new record for higher quality auctions
20 October 2014
Mila Kunis designs a ring celebrating motherhood with Gemfields and Marina B
23 September 2014
Backes & Strauss and Gemfields announce The Harrods Princess, a diamond and emerald watch for Harrods Biennale des Antiquaires
11 August 2014
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 5-8 August in Lusaka, Zambia, generates auction revenues of USD 15.5 million and sold 11.6 million carats of the 12.1 million offered
23 July 2014
Gemfields and Gübelin Gem Lab announce ‘next generation’ disclosure for gemstone reports
June 2014
The first MRM ruby auction is held
Every auction result is voluntarily made public to ensure full transparency and accountability as to the prices being achieved for Mozambique’s resources. Proceedings of every auction are also monitored by government representatives – an approach which Gemfields voluntarily pioneered.
6 May 2014
Emerald auction of Zambian and Brazilian emeralds obtained by Gemfields in the open market from various sources, held from 28 April-2 May in Jaipur, India, generates revenues of USD 13.5 million, an average realised price of USD 50 per carat and sold 21 of 41 lots
26 February 2014
Rough emerald and beryl auction of predominantly higher quality rough emeralds and beryl, held from 21-25 February in Lusaka, Zambia, generates record auction revenues of USD 36.5 million and an average per carat price of USD 59.31 – a 10% increase on the previous Kagem auction
2014
Record average per-carat price (USD 59.31) is achieved for a Kagem auction of higher-quality rough emeralds
2014
MRM is recognised as the largest taxpayer in the Cabo Delgado province for the year
2014
First of its kind grading and sorting framework for rough rubies is completed
2014
Chapula Primary School opens
2014
The exceptional 40.23 carat rough 'Rhino' ruby from Montepuez is sold at auction
2013
3 November 2013
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 11-15 November in Lusaka, generates auction revenues of USD 16.4 million and an average per carat price of USD 3.32, a 27% increase on the previous record achieved at a lower grade auction
10 October 2013
Emerald auction of predominantly higher quality rough emeralds obtained by Gemfields in the open market from various sources, held in Jaipur from 26-30 September, generates gross auction revenues of USD 8.5 million and an average realised price of USD 58 per carat – the highest average price achieved at any Gemfields auction
22 July 2013
Rough emerald and beryl auction of predominantly higher quality rough emeralds and beryl, held from 15-19 July in Lusaka, generates auction revenues of USD 31.5 million and a record average per carat price of USD 54
10 June 2013
In its quarterly market update, Gemfields plc advised that the next auction of higher quality rough emerald and beryl from the Kagem emerald mine would take place in Singapore from 10-14 June
This auction was put on hold pending clarification from the Zambian Ministry of Mines, Energy and Water Development of proposed restrictions on certain forms of emerald exports.
22 April 2013
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 15-19 April in Lusaka, generates auction revenues of USD 15.2 million with 36% of carats offered sold
14 March 2013
Gemfields and Mila Kunis celebrate global launch and exclusive collaborations with international jewellery designers
21 February 2013
Gemfields receives the Best Basic Resources PLC at UK Stock Market Awards
28 January 2013
Gemfields acquires Fabergé with the aim to build on its exceptional heritage by creating a globally recognised coloured gemstone champion
2013
Actress Mila Kunis becomes Gemfields’ global brand ambassador
2012
6 November 2012
Rough emerald and beryl auction of predominantly higher quality rough emeralds and beryl, held from 29 October-2 November in Singapore, generates auction revenues of USD 26.8 million with 97% of carats offered sold
20 June 2012
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 9-13 June in Jaipur, India, generates auction revenues of USD 9.0 million with 3.47 million carats sold
April 2012
The first fleet arrives on site at MRM
28 March 2012
Emerald auction of predominantly medium to higher quality rough emeralds, held from 19-23 March in Singapore, generates revenues of USD 26.2 million, a 46% increase over the 15-month period in achievable quality-for-quality per carat prices
February 2012
The application to convert Mwiriti’s ruby prospecting licences to mining licences for MRM is approved
2012
Kagem Mining provides ongoing support to chiefdoms and the construction of houses for customary traditional chiefs
It has invested around USD 80,000 in the rehabilitation of the 18.7km road connecting Chief Nkana and Chief Lumpuma’s chiefdoms, from Kandole to Kafwaya village in Lufwanyama district, which has improved the transport of goods to market, made it easier for pupils and teachers to get to school and cut travel times by half for people in the communities.
2012
Kagem completes the set up and initial training and funding for 30 farmers and community farming associations in Zambia
2012
Gemfields acquires the Montepuez ruby deposit in Mozambique
2012
Josephine Skriver features in Gemfields campaign
2011
2010 to 2011
Gemfields hand picks 10 leading jewellers from around India to create one-of-a-kind pieces, incorporating Zambian emeralds, for the Emeralds for Elephants Collection, in collaboration with Jaguar Land Rover and the Gemological Institute of America (GIA India).
The collection raises a staggering total of USD 750,000, with USD 150,000 going to the World Land Trust and Wildlife Trust of India’s conservation projects in India.
30 November 2011
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 21-25 November in Jaipur, India, generates record auction revenues of USD 11 million, a 46% increase in quality-for-quality per carat prices since March 2011
28 October 2011
Jordan Askill presents his third chapter in the evolving tale of jewellery and sculpture, in collaboration with Gemfields
August 2011
Gemfields and Mwiriti establishes MRM
19 July 2011
Emerald auction of predominantly higher quality rough emeralds, held from 11-15 July in Singapore, generates revenues of USD 31.6 million
June 2011
Gemfields and Mwiriti sign a joint venture agreement
17 March 2011
Rough emerald and beryl auction of predominantly lower quality rough emeralds and beryl, held from 10-14 March in Jaipur, India, generates second-highest total auction revenues of USD 9.9 million, a 148% increase in quality-for-quality per carat prices since March 2010
2011
Record annual emerald and beryl production of 33 million carats
2011
The launch of our first global emerald marketing campaign
2010
17 March 2010
Emerald auction of low-quality emerald and beryl, held in Jaipur, India from 11-15 March, generates sales of USD 7.2 million, with 89% (by value) of material sold, which is believed to be a world record in terms of the volume of Zambian emerald and beryl on offer by weight
Zambian emeralds from Gemfields’ Kagem mine are worn by Morgan Freeman at the Academy Awards in bespoke Nelson Mandela “46664” bracelets.
22 February 2010
An exceptional 6,225 carat rough Zambian emerald is discovered at Kagem mine
2009
9 December 2009
Second rough emerald auction of 2009, held between 23-27 November, offers 1.12 million carats of high-quality rough emeralds in 19 separate lots and is attended by more than 20 companies from India
1 July 2009
First successful rough emerald auction is held
2009
Gemfields introduces its proprietary auction process, bringing consistency and transparency to a previously chaotic system
It transforms the value that accrues to our host countries.
2008
2008
Gemfields acquires the Kagem mine in partnership with the Government of the Republic of Zambia through the Industrial Development Corporation (IDC)
2007
2007
The Gemfields Group buys up the Fabergé trademarks, licenses and associated rights related to the name, reversing the fragmentation of the brand over the past 90 years, and reinstates connections with the Fabergé family
2007
Mwiriti holds a registered hunting concession over the Montepuez area
2006
2006
A geological map published by Dr Bernard Bingen of the Geological Survey of Norway shows the presence of corundum at Namahaca
Namahaca lies outside the MRM licence and artisanal mining still takes place there, and in several other areas.
2005
2005
Gemfields Plc formed and admitted to AIM
2005
Mbuva Chibolele and Kamakanga emerald licences are acquired in Zambia
1996
November 1996
The presence of corundum (of which ruby is a variety) is confirmed by Noard of Norway at Namahaca
Prehistoric
PREHISTORIC
The primary source of rubies, original rock formation, has been undisturbed since its formation some 500 million years ago
PREHISTORIC
Circa 500-million-year-old intruding pegmatite comes together with TMS to form rare Zambian emeralds, among the oldest on earth.
The chemical interaction brought about a soft, thin black reaction zone where the emerald fluids collected and were allowed to crystallise, over many millions of years, into a unique hexagonal shape. The metamorphic TMS provided the trace element-chromium that results in the rich and saturated green colour.
PREHISTORIC
The 1.6 billion-year-old high-grade metamorphic rock named the Talc Magnetite Schist (TMS) is formed (emeralds)
15 November 2022