GRIZZLY MINE SHINES AS GLOBAL EMERALD POWERHOUSE, GENERATING $48.6 MILLION ANNUALLY

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GRIZZLY MINE SHINES AS GLOBAL EMERALD POWERHOUSE, GENERATING $48.6 MILLION ANNUALLY



Grizzly Mine in Copperbelt Province has emerged as one of the world’s top emerald producers, generating $48.6 million annually and yielding 60 million carats.



Speaking at the Russia-Zambia Economic Forum hosted at the University of Zambia, Emerald and Semi-Precious Stones Mining Association of Zambia (ESMAZ) President Victor Kalesha praised the mine’s contribution to infrastructure, community development, and job creation.


Mr. Kalesha urged increased investment in local firms like Lufwanyama Emerald Mining, Grizzly Mining, and Chumwe, stressing that value addition in the sector could significantly boost Zambia’s economy.

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