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Zambia is the world's second biggest producer, with Kagem mine being the world's largest emerald mine [11] responsible for 25–30% of the world's production of gem-quality stones. [12] In 2019 Kagem emerald mine produced 42.4 million carats of emeralds. [13] The Zambian emerald sector is an important contributor of tax revenue to the Government.
Gemfields own 75% of the mine while the remaining 25% stake is held by the Zambian government in Lusaka via the Industrial Development Corporation of Zambia. The Kagem mine is the first emerald mine in the world to be assessed against Eco-Age ’s Green Carpet Challenge (GCC) Principles of Sustainable Excellence .
Emerald is a gemstone and a variety of the mineral beryl (Be 3 Al 2 (SiO 3) 6) colored green by trace amounts of chromium or sometimes vanadium. [2] Beryl has a hardness of 7.5–8 on the Mohs scale. [2] Most emeralds have many inclusions, [3] so their toughness (resistance to breakage) is
The rare Bahia Emerald, which was mined in Brazil in 2001 and smuggled to the US, has long been the subject of competing claims of ownership 836lb ‘cursed’ emerald worth $1bn must return to ...
This emerald currently resides in the American Museum of Natural History in New York. [4] Crown of the Andes – one of the most famous pieces of Colombian emerald-encrusted jewelry in the world. It has 453 stones totaling 1,521 carats. This piece includes the 45-carat Atahualpa Emerald, which was named after the last Inca emperor. [4]
The mine produces 60,000,000 carats of emeralds per year. [45] [43] In October 2019, Grizzly Mining Company, Zambia’s second largest emerald mine unearthed a historic 50-kilogramme multi-million-dollar emerald crystal. [44] In August 2023, the Grizzly Emerald Limited generated record sales of 984.25 million kwacha (U$48.63-million). [46] [43 ...
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