Zambian Government Conflict Didn't Stop Kagem Emerald Mine From Posting Solid Annual Growth

Gemfields has been in an ongoing debate with the Zambian government over where to hold its emerald auctions. The government issued a directive for Gemfields to hold its auctions within the country's borders, citing capital flight. Gemfields argues that it needs to sell Kagem emeralds at places that will likely get the most interest and the best price.