Grizzly Mining Ltd.

EMERALDS NEWS – Grizzly Mining emerald auction garners US$32.5 million LUSAKA, Zambia – Grizzly Mining Limited, one of the world’s largest producers of emeralds, has announced the results of its latest international emerald auction held in Dubai in July 2024. #emeralds #mining #auction Tara Vivian-Neal https://lnkd.in/gnxxD6he

Grizzly Mining Limited is pleased to announce the results of its latest international emerald auction held in Dubai in July 2024. The auction saw the Company offer its latest mid- to high-grade rough emeralds from its flagship Grizzly emerald mine in Zambia. Highlights ·      Auction generates strong revenue of US$32.5 million ·      96 clients in attendance from Europe, Asia, and Africa ·      142 lots were offered for sale, of which 134 lots (94.36%) were sold, a total of 1.3 million carats Abdoulaye Ndiaye, Grizzly Chairman, commented: “I am pleased to announce another strong auction from Grizzly Mining, which was very well attended, underpinning the continuing demand for high quality Zambian emeralds. "I am delighted to see such robust bidding for our stones, and particularly for the 835 carat deep green, medium dark emerald, Bid 137, which saw stiff competition at the final auction. Ultimately, the winning bid went to Gemstar LTD., owned by Avraham Eshed, a long-term partner and client for over 20 years.   "I would like to thank all our international partners who participated in the auction, and our team on the ground in Zambia who have worked to make this happen.” Read the full release here: #emeralds #gemstone #auction

This week, students from Zambia Forestry College visited the Grizzly operations, hosted by Safety Officer Misheck Sichilyango, in order to see understand the environmental management systems we have put in place, particularly the land restoration and rehabilitation across the site, in addition to waste management solutions and monitoring. We are proud of the work we do, the environmental programmes we have enacted, and the principles to which we adhere, that ensure the responsible and sustainable mining of world-class emeralds. #forestry #landmanagement #landrehabilitation #wastemanagement #gemstones #emeralds

Grizzly Mining Ltd. has emerged over the past 25 years as a major player in the world’s emerald market and its mining operation 50 km south-west of Kitwe in #Zambia now employs around 1 500 workers and produces between 30 and 50 million carats a year of #emeralds, accounting for a very significant share of global production. Arthur Tassell recently interviewed newly appointed CEO BRAD SAMPSON, as well as several of his colleagues, who told him that current initiatives will see annual production being increased and the mine life extended by at least 20 years. #MRAissue3 https://lnkd.in/dQvQ8Qpn

Grizzly has featured as one of Mining Review Africa's "Hottest projects in Central Africa". Arthur Tassell spoke to Brad Samson and the Grizzly Mining Ltd. team about ongoing initiatives to increase production: the processing plant is being expanded with commissioning underway to accommodate approximately 1,000 tonnes per day of ore. This expansion comes in tandem with the integration of the newly acquired Olympic licence where an exploration programme is already in motion to extend Life of Mine. Read the full article here: https://lnkd.in/eeX2kMCE #emeralds #jewellery #preciousstones #mining

LUSAKA, Zambia – Grizzly Mining Limited, one of the world’s largest producers of emeralds, have announced the results of their latest international emerald auction held in Dubai in March 2024. The auction saw the company offer their latest medium- to high-grade rough emeralds from their flagship Grizzly emerald mine in Zambia. The auction generated sales of US$19 million. #emeralds #mining https://lnkd.in/ekTXbW85 Grizzly Mining Ltd. Tara Vivian-Neal

Grizzly Emerald Auction Generates US$19 million Grizzly Mining Limited, one of the world’s largest producers of emeralds, is pleased to announce the results of its latest international emerald auction held in Dubai in March 2024. The auction saw the Company offer its latest medium- to high-grade rough emeralds from their flagship Grizzly emerald mine in Zambia. Abdoulaye Ndiaye, Chairman of Grizzly, commented: “I am pleased to announce another strong auction from Grizzly Mining. Our Spring auction was very well attended underpinning the strong demand for high quality Zambian emeralds. I am pleased to see such strong bidding for the exceptional 4,145 carat stone and my congratulations to the winning client K Sunil Narnoli, with whom we have worked for many years. We look forward to seeing their work on this unique stone in the coming months. I would like to thank all our international partners who participated in the auction, and our team on the ground in Zambia who have worked to make this happen.” Read the full release here: https://lnkd.in/eW7h6WPp #grizzlyemerald #gemstones #preciousstones #jewellery #emeralds #zambia

Grizzly: discover the luxe in the rough. Grizzly Mining Ltd is hosting an auction of medium to high quality rough #emerald stones at the Almas Tower, Dubai. Please send any auction inquiries to Rasika Ranasinghe. Email: sales@grizzly.co.zm #grizzlyemerald #gemstones #preciousstones #jewellery #emeralds #luxury

Day One: Complete Grizzly Mining Ltd is hosting an auction of medium to high quality rough #emerald stones at the Almas Tower, Dubai, 5-11th March 2024. Please send any auction inquiries to Rasika Ranasinghe. Email: sales@grizzly.co.zm

IN CASE YOU MISSED IT: Founder and chairman, Abdoulaye Ndiaye, spoke to Forbes Africa about the progress #GrizzlyMining has made in bringing #Zambia to the forefront of global #emerald production. Read the full article here: https://lnkd.in/emUMPBRd #grizzlyemerald #gemstones #preciousstones #jewellery #emeralds 💎 💎 💎 💎 💎 💎