Kagem earns $25m from emeralds auction
Published On September 22, 2023 » 403 Views» By Times Reporter » Business, Stories
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GEMFIELDS has generated US$25.5 million through an auction of commercial quality emeralds from Kagem Mine.
Gemfields managing director of products and sales Adrian Banks says the auction proceeds will be fully repatriated to Kagem in Zambia, with all royalties due to the Zambian government being paid on the full sales price achieved at the auction.

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