An African farmer has become an overnight millionaire after unearthing two huge slabs of Tanzanite, one of the world’s rarest gemstones. Saniniu Laizer, 52, mined the stones, weighing approximately 20lb and 11lb, last week, and has now sold them to Tanzania’s minerals ministry for $3.4m. Tiffany & Co first marketed the green, red, purple, and […]

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The rough rubies were extracted from the licence held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Gemfields is pleased to announce the results of an auction of rough rubies in Singapore from 10 – 14 December 2019. The rough rubies were […]

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Gemfields chairman and director, Brian Gilbertson, has stepped down as head of the gemstone firm to avoid a “possible impediment to robust corporate governance.” This development and its timing stem from Gemfields’ ongoing work toward obtaining a dual listing on the London Stock Exchange’s AIM market. “This ongoing process has highlighted the father‐and‐son relationship between […]

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