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Revenue for the world’s largest emerald producer, Gemfields Limited Plc., rose 137 percent during the last six months ending December last year, compared to a similar period a year earlier. The rise in revenue spurred by its new advertising campaign image entitled ‘The Art of Colour’ unveiled, has boosted the …
Read More »Government wants a professional and transparent gemstone sector
Government seeks to re-organise the emerald and precious stone industry to ensure that the sector realizes its full potential as one of the country’s foreign exchange earner. Minister Christopher Yaluma previously noted that the auctioning of precious stones outside the country has resulted to stones being less recognised to its …
Read More »Traditional Rulers Seek Mineral Royalties from ‘Precious Stone Diggers’ in Zambia
The peace and tranquility that has characterized the Lufwanyama district, the home of precious stones in Zambia, may soon change with the local people now demanding for royalties from investors in the gemstone industry. The Lamba and Lima tribes, who live in the gemstone-prone area, have resolved that all investors …
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