Coloured gemstone producer Gemfields has asked the Zambian government to remove a recently re-introduced 15% export tax on emeralds to avoid hurting the sector. The southern African country, the world ...
Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of this year and adds to other taxes such as royalties that the company had ...
London-listed Gemfields said on Wednesday that it would lobby the Zambian government ... which would directly impact the emeralds mined by its 75%-owned Kagem Mining. The export duty, effective ...
Gemfields is faced with a new export tax for shipments of emeralds from Zambia, where it operates the Kagem Emerald Mine. The Zambian woes have been mounting for Gemfields. Last month, the company ...
The Guernsey-based miner and marketer of coloured gemstones operates the Kagem emerald mine in Zambia, one of the biggest in the world. Gemfields also owns the Faberge jewellery brand and a ruby ...
Gemfields Group Ltd reported on Monday it is suspending mining its the emerald mine in Zambia, shelving planned capital expenditure at its ruby development assets in northern Mozambique ...
Gemfields is scrambling for a way out of a 15% tax on exports of emeralds from Zambia, saying the levy should be suspended or removed as it was introduced without consultation and deters investment.