Gemfields faces 21% tax as Zambia reinstates export duty
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.
Rockwell Diamonds (RDI-T) has seen some improvements in its first quarter of fiscal 2014 after refocusing on its Middle Orange River diamond projects in South Africa’s Northern Cape Province, with revenue soaring 31% to US$6.6 million,…
