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Kagem to recommence focused open-pit mining

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Gemfields is pleased to announce that Kagem Mining Limited (‘Kagem’), the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the Government of the Republic of Zambia through the Industrial Development Corporation of Zambia (‘IDC’), will shortly recommence a programme of focused open-pit mining to recover more premium emeralds.

As announced on 23 December 2024, alongside other cost cutting measures, Kagem suspended all mining from 1 January 2025 to focus on processing ore from Kagem’s significant ore stockpile utilising the upgraded processing plant.

Emerald production from the processing plant in 2025 so far, in terms of carats recovered, has been in-line with the Company’s expectations, producing a lower proportion of higher-quality or premium emeralds than direct open-pit mining methods.

Kagem’s recent auction results, including the encouraging commercial-quality auction results released on 30 April 2025, has increased management confidence in the current emerald market and the decision has therefore been taken to recommence mining of two key production points in the Chama pit, with minimal waste mining, to recover premium emeralds for Kagem’s future higher-quality auctions. The decision to recommence full scale mining will continue to be assessed as market conditions develop.

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International News

CIBJO Reopens Consultation On Blue List, Seek Wider Industry Feedback On Standardized Terminology

Goal Is To Produce A Lexicon Of Terms That Can Be Practically Applied and Comprehended Worldwide

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CIBJO has launched a second round of public consultation on its “Blue List” lexicon, seeking wider industry feedback on standardised terminology for responsible jewellery supply chains. The goal is to produce a lexicon of terms that can be practically applied and comprehended worldwide, and to do that in the most transparent and inclusive way possible.

The document, called The Responsible Jewellery Supply Chain Lexicon, aims to create a common language for sustainability in the jewellery industry. It focuses on making sure all terms are clear, accurate, and backed by facts, so both industry professionals and consumers can understand them easily.

After the first review phase from May to September 2025—which brought in many suggestions and improvements—the updated version is now open for another round of feedback. While most of the earlier content was well received, some areas needed further refinement.

This consultation will continue until 12 June 2026, bringing together industry stakeholders and external experts to reach a strong consensus before the final version is officially adopted.

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