While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
Zambian Tax Authority Raids Gemfields Emerald Mine
The governmental body had two search warrants that allowed it to seize documents and files allegedly connected to tax evasion.

London—Gemfields reported that the Zambia Revenue Authority has launched an investigation into alleged tax evasion at its Kagem emerald mine.
The colored stone miner said the governmental body served two search warrants during an unannounced visit to Kagem Mining Limited on Thursday.
The authority issued the warrants on Kagem Mining Limited and Limpopo Polygraphs, a South African company that conducts periodic polygraph testing at the site and currently has a representative there.
Revenue authorities have seized a range of documents and files, including those allegedly “used by Kagem Mine Ltd/Limpopo Polygraphs CC to evade the payment of Value Added Tax, income tax, with-holding tax and other taxes.”
Gemfields said it will provide updates as more information becomes available.
The company holds a 75 percent stake in the Kagem emerald mine.
This news is the latest in a number of problems for the colored gemstone miner this year.
In late June, a large mob overran Gemfields’ emerald exploration site in Ethiopia. A month later, members of that same mob looted the site and stole emeralds from the safe in the sort house.
Earlier this year, a group of Mozambicans hit the colored stone company with a lawsuit regarding alleged human rights abuses at the Montepuez ruby mine, a case that is still making its way through the London court system.
The Latest

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.


The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.























