Lumkile Mondi

Non-Executive Director at Gemfields Group

Lumkile Mondi is a Senior Lecturer at the School of Economics and Business Science of the University of the Witwatersrand in Johannesburg, South Africa. Mr Mondi is a strategist, economist and a leader. He has worked extensively in the African continent undertaking his responsibilities at the Industrial Development Corporation (IDC), where he was an executive for eleven years. He also serves on the boards of Aerosud and GAIA Infrastructure Capital Limited and is the chairman of Musa Group and Thelo Rolling Stock Leasing. He has previously served on the board of ArcelorMittal South Africa.

Mr Mondi has more than 20 years of postgraduate experience and over seven years working in financial markets in interest rate derivatives and asset and liability management. Mr Mondi is also involved in the BRICS think tanks in institutional strengthening and coordination. He has presented and participated in various conferences worldwide, including the UN, World Bank, BNDES and OECD.

Mr Mondi has travelled extensively throughout the world bringing innovation in his work for a better world for all. Mr Mondi is a South African citizen.


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Gemfields Group

Gemfields Group Limited, formerly Pallinghurst Resources Limited, is a Guernsey-based mining company that produces and supplies of sourced colored gemstones. The company operates Kagem emerald mine in Zambia and Montepuez ruby mine in Mozambique. Kagem emerald mine covers an area of 41 square kilometer (sq) in the Ndola Rural Emerald Restricted Area and lies south of Kitwe and west of Ndola, in Zambia's Copperbelt Province. Montepuez ruby mine is located in the northeast of Mozambique within the Cabo Delgado Province, which covers an area of 34, 966 hectares. It also owns Web Gemstone Mining plc, which holds 200 sq emerald exploration license in southern Ethiopia. It also holds interest in various other gemstone mining. It provides auction and trading platform to provide a supply of colored gemstones to markets. Its subsidiaries include Kagem Mining Limited, Montepuez Ruby Mining Limitada, Faberge Limited, Sedibelo Platinum Mines Limited and Jupiter Mines Limited.


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