Browsing: Gemstones

Further to the announcement made by the Company on 8 January 2025, Gemfields is pleased to announce that the Honourable Minister of Finance of Zambia, Dr Situmbeko Musokotwane, has suspended the 15% export duty on precious gemstones and metals by issuing Statutory Instrument No. 4 of 2025 on 18 February 2025 (the Customs and Excise (Precious Stones and Metals) (Export Duty) (Suspension) Order). This suspension is effective immediately.

In a significant step towards fostering gemological education in India, Gemological Science International (GSI) recently organized an immersive gemstone mine visit to Nepal for students enrolled in its Colored Stone Professional Diploma (CSP) program at GSI Jaipur. This initiative aimed to provide students with hands-on experience and in-depth knowledge of the gemstone mining process, enriching their understanding of coloured gemstones and their significance in the jewellery industry

As per the data released by the Gems and Jewellery Export Promotion Council (GJEPC), the apex body for the Gems & Jewellery Industry in India, the overall gross exports of Gems & Jewellery in January 2025 stood at USD 2237.14 million (Rs. 19302.280 crores), showing a decline of 7.01% compared to USD 2405.78 million (Rs. 19995.66 crores) for the same period last year. This is due to the economic uncertainty looming in the market on the back of tariff threats by Donald Trump right after his arrival in the power again

Gemfields, a world-leading miner of coloured gemstones, today launched a report entitled Understanding the Global Supply of Emerald, Ruby and Sapphire, authored by Lauriane Pinsault. Building on Gemfields’ 2022 report entitled Global Emerald & Ruby Supply: Analysing Market Data, this latest analysis goes a step further in understanding the supply of coloured gemstones. Gemfields invites industry experts to review the information provided with a view to collaborating on further research, to improve transparency and understanding in the coloured gemstone industry

The Grammy Awards 2025 kicked off in Los Angeles at the Crypto.com Arena and the brightest stars in music stepped out in the brightest natural diamond jewellery. Every year, the highest echelons of the music industry gather to celebrate each other’s most outstanding accomplishments, and fans can always count on their favourite musicians to push the envelope when it comes to their bling at the Grammys 2025

Gemfields shareholders are advised that the Company has released information about its operational results and financial position to 31 December 2024. These unaudited figures have been produced on a monthly basis for Gemfields’ 75%-owned Kagem emerald mine, its 75%-owned Montepuez ruby mine, and Fabergé, the iconic luxury brand

As Valentine’s approaches and thoughts turn to love, coloured gemstones spring to mind as the perfect romantic token. Fiery red rubies, which have long been associated with passion, and emeralds, whose vibrant green is the colour of the heart chakra, naturally feature in this yearly celebration of love

Gemfields is delighted to partner with Rachel Quinn, a brilliant artist and goldsmith based in Los Angeles, to launch the Crazy Love collection, featuring Gemfields’ Zambian emeralds and Mozambican rubies

When we think of garnets, the image of a deep red gemstone resembling pomegranate seeds often comes to mind—a reflection of its etymology from the Latin word granatus, meaning “with many grains.” This nods to the resemblance between the gem’s typical red color and pomegranate seeds

Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 25 November – 11 December 2024.