International News
Gemfields unearths colossal emerald weighing 11,685 carats at Kagem, sets new record
A colossal emerald weighing 11,685 carats—equivalent to 2.3 kilograms—has been unearthed by Gemfields at the Kagem mine in Zambia, setting a new benchmark in the world of coloured gemstones. By Named Imboo, after the buffalo in the Bemba and Lamba languages, the striking crystal surpasses Kagem’s previous giant, the 7,525-carat Chipembele (“rhino”), which earned Guinness World Records recognition in 2022.
While an emerald claimed to be even larger—53,750 carats—was exhibited in January 2025 by Almighty Gems in Coimbatore, India, that stone has not yet undergone independent authentication. By contrast, Gemfields’ Imboo discovery has already drawn global attention and will headline the company’s ongoing auction in Bangkok, running through 11 September.
The massive crystal was extracted on 3 August from the mine’s Chama pit by geologist Dharanidhar Seth and long-time chiseller Justin Banda. Gemfields said the buyer will be offered Provenance Proof nanoparticle tagging, ensuring full traceability even after cutting and polishing.
International News
The British Royal Mint Sells Record Amounts Of Silver and Platinum
Silver: Sales Grew By 295% Compared To The Same Period In 2025. Platinum: Revenue Grew By 118%.
The British Royal Mint sold record amounts of silver and platinum during the first nine months of 2026. Silver coin sales jumped by over 300%.
Royal Mint Sales Breakdown (First 9 Months of 2026)
Silver: Sales grew by 295% compared to the same period in 2025.
Platinum: Revenue grew by 118%.
Gold: Sales rose by 10% compared to 2025, boosted by a strong third quarter.
Gold Demand Is Bouncing Back: Even though high prices and high interest rates made gold less attractive earlier in the year, gold sales rebounded between July and September, rising 21% over the previous quarter.
New Investors Joining: Almost 30% of buyers this quarter were first-time customers buying precious metals from the Royal Mint.
US Demand Remains Weak: In contrast to the UK, the US Mint is on track for its worst gold coin sales since the year 2000, as high US bond yields and interest rates encourage American investors to put their money elsewhere.
Earlier in 2026, high inflation and rising bond yields made holding gold and silver less popular. However, ongoing global instability and market uncertainties—such as upcoming government budget decisions and high interest rates—are leading many investors back to physical metals as a safe place to store value.
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