Coloured gemstone producer Gemfields has asked the Zambian government to remove a recently re-introduced 15% export tax on ...
It explained that the 15% export tax on precious gemstones directly impacted the Zambian emeralds mined by Kagem Mining ...
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...
Gemfields shares were in the red on Wednesday morning, after the company confirmed that the Zambian government had reinstated ...
London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% ...
ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the ...
Two potential buyers for Glencore’s stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have ...
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the ...
Gemfields, a leading emerald producer, is urging the Zambian government to reconsider a 15% export tax on emeralds. The tax, reinstated in 2023, could harm industry sustainability and deter investment ...
Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as “illegal” ruby mining groups ...
Gemfields has become aware that a new statutory instrument in Zambia dated 30 December 2024 and which came into effect on 1 (S ...
(Alliance News) - Gemfields Group Ltd said on Wednesday that Zambia has re-introduced a 15% export duty on emeralds, raising the tax bill for its operations in that Southern African country.