April 27, 2025
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Southern Africa : Gemfields scales back emerald and ruby ambitions in southern Africa

London-based Gemfields, which claims to produce half the global supply of rubies and a quarter of the world’s emeralds, is changing course. Its South African CEO Sean Gilbertson has indefinitely halted “all non-essential spend” at its mining sites in Zambia, Mozambique and […]

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