Coloured gemstone producer Gemfields , has asked the Zambian government to remove a recently re-introduced 15% export tax on ...

Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of ...

Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...

It explained that the 15% export tax on precious gemstones directly impacted the Zambian emeralds mined by Kagem Mining ...

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% ...

Two people have been killed by security forces protecting infrastructure related to Gemfield's Montepuez (MRM) ruby mine in ...

Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the ...

Gemfields (LON: GEM) (JSE: GML) has temporarily suspended ruby mining operations in Mozambique following violent incidents ...

Two recent cases, in Zambia and Mali, have miners worried. Zambia imposed a 15% export duty on gemstones from the beginning ...

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 ...

(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.