International News
Kagem to recommence focused open-pit mining
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.
International News
Jewelers International Showcase Fall 2026 Returns To Miami Beach This October
JIS Fall 2026 Brings Together 600+ Exhibitors In Miami For Holiday Sourcing,Networking and Trend-Focused Insights.
The Jewelers International Showcase (JIS) has announced that JIS Fall 2026, one of the largest trade-only jewelry buying events in the Western Hemisphere, will take place from October 16–19, 2026, at the Miami Beach Convention Center.
Positioned perfectly ahead of the peak holiday retail season, JIS Fall serves as a premier destination for jewelry retailers, wholesalers, and buyers looking to secure high-margin holiday inventory and place advance orders for the upcoming year. The four-day sourcing event brings together more than 600 domestic and international exhibitors displaying an extensive range of fine and fashion jewelry, bridal collections, loose diamonds, colored gemstones, gold, silver, and cutting-edge business services.
Key Highlights & Networking Events
In addition to comprehensive product sourcing across expansive show floors, JIS Fall 2026 will feature dedicated networking events and educational opportunities designed to give retailers a competitive edge:
- JIS Unwrappedl:An evening networking session fostering informal connections among buyers, designer brands, and industry leaders.
- On Trends Talks:Expert-led educational panels providing actionable insights into consumer purchasing behavior, emerging product trends, and holiday marketing strategies.
JIS Fall continues its decades-long tradition as an essential sourcing hub, allowing retailers to walk away with immediate delivery items on-site or lock in production schedules ahead of the year-end rush.
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