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Gemfields to restart mines after covid-triggered layoffs
Kagem open-pit emerald mine. (Image courtesy of Gemfields.)

Precious gemstones miner Gemfields (LON: GEM) (JSE: GML) said on Monday is ready to resumed production at its two flagship mines in Africa, nearly a year after it had to halt operations in response to covid-19.

The company confirmed that both its Kagem emerald mine in Zambia and its Montepuez ruby mine in Mozambique would restart production “in a phased manner” in March, with operations ramping up to full scale by the end of April.

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Kagem open-pit emerald mine. (Image courtesy of Gemfields.)

Precious gemstones miner Gemfields (LON: GEM) (JSE: GML) said on Monday is ready to resumed production at its two flagship mines in Africa, nearly a year after it had to halt operations in response to covid-19.

The company confirmed that both its Kagem emerald mine in Zambia and its Montepuez ruby mine in Mozambique would restart production “in a phased manner” in March, with operations ramping up to full scale by the end of April.

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