A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.
Gemfields Finds Illegal Pits, ‘Modern Slavery’ at Montepuez
It made the discovery after an uptick in pit collapses this year led its subsidiary, Montepuez Ruby Mining, to investigate the site.
London—Gemfields Group said it has discovered unlicensed miners digging for “syndicates” at its Montepuez ruby mine after investigating an uptick in pit collapses this year.
The company said these pit collapses have resulted in “multiple deaths” at the mine so far in 2019, and prompted its subsidiary, Montepuez Ruby Mining, to begin investigating illegal mining activities in the area.
Gemfields said the miners are generally recruited by “well-financed syndicate leaders or middlemen”—though it didn’t elaborate on exactly what was meant by this—who promise wealth through ruby mining.
The miners and/or their families might be asked to pay the syndicates to be allowed the chance to mine and to receive transportation to, as well as food and accommodation in, the Montepuez area. Many of the miners are coming from Nampula in northern Mozambique, Gemfields said, which is nearly 250 miles by road from Montepuez.
When they can’t pay the fees upfront, the syndicates then offer a loan, placing the miner in debt to the syndicate.
The miners are then taken to the pits at Montepuez where they receive tools, food, water and accommodation but are subjected to “abject and highly unsafe conditions,” Gemfields said.
Any gemstones found by the miners have to be sold through the syndicate to a “higher boss,” with the miners receiving only a fraction of the profits.
Indebted to the syndicates and left with no extra money to return home, the miners are effectively bound in “modern slavery,” Gemfields asserted.
The company said Montepuez Ruby Mining is working with the government of Mozambique to “identify the sources of such activities and reduce the risk to, and exploitation of, vulnerable groups.”
Montepuez is the same mining site that was at the center of a recent lawsuit.
Last April, U.K. law firm Leigh Day filed suit against Gemfields on behalf of a group of Mozambicans living near the mining concession who alleged they or their relatives were the victims of human rights abuses at or around the mine.
In January, Gemfields agreed, on a no-admission-of-liability basis, to the settlement of all claims of human rights abuses in Mozambique brought against it, paying out about $7.6 million in the case.
The Latest

Sponsored by A Diamond Is Forever

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

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

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.


While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

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

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

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

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.

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.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

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.
























