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October 31, 2018
On Monday, Gemfields unveiled “Inkalamu,” a 5,655-carat Zambian emerald crystal with remarkable clarity and a perfectly balanced golden green hue. The carat weight is equivalent to 1.1 kg or 2.5 lbs.
Inkalamu, which means the “Lion Emerald” in the regional Bemba language, was discovered at the Kagem mine on October 2 by geologist Debapriya Rakshit and veteran emerald miner Richard Kapeta. It will be offered for sale at Gemfields’ next auction, which will take place in Singapore in November. Forty-five approved auction partners will be vying for the extraordinary find.
“We expect a number of large, fine-quality cut emeralds to be borne of the Inkalamu crystal,” said Adrian Banks, Gemfields’ Managing Director for Product and Sales. “There might be hundreds of offcuts that are fashioned into smaller gems, cabochons and beads, but the key lies in recovering the fine-quality pieces. Given this emerald is such a rare find, it is also perfectly conceivable that the buyer will choose to purchase it as an investment.”
Gemfields noted that it is extremely difficult to predict what the selling price might be.
Despite its massive size, Inkalamu is not the largest crystal to be unearthed at the Kagem mine. In 2010, it yielded a 6,225-carat emerald that would take the name “Insofu,” which is the Bemba word for “elephant.”
Gemfields believes that Inkalamu will take its place among the world’s most exceptional gemstones of all time, and if the crystal is divided into smaller stones, the “The Pride of Inkalamu,” so to speak, will continue the legacy for generations to come.
The name Inkalamu honors the work carried out by two of Gemfields’ conservation partners, the Zambian Carnivore Programme and the Niassa Carnivore Project in Mozambique. Gemfields will divide 10% of Inkalamu’s auction proceeds equally between the two carnivore initiatives.
Kagem, the world’s largest emerald mine, is 75% owned by Gemfields and 25% owned by the Government of the Republic of Zambia.
Credits: Images courtesy of Gemfields.