London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% ...

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

ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the country’s Kagem emerald mine. Sean Gilbertson, CEO of Gemfields said in an ...

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 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 AIM-traded firm said the duty, reintroduced via a statutory instrument, applied to emeralds mined by Kagem Mining, a joint venture between Gemfields, which holds a 75% stake, and the Zambian ...

It warned the tax directly impacts the Zambian emeralds mined by Kagem Mining, 75 per cent of which is owned by Gemfields with the remaining 25 per cent owned by the southern African country's ...

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.

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Jan 8 (Reuters) - Coloured gemstone producer Gemfields (GEMGE.L), opens new tab, has asked the Zambian government to remove a recently re-introduced 15% export tax on emeralds to avoid hurting the ...