Abdoulaye Ndiaye

Profile Verified by The Marque

Last Updated: 22 Sep 2026

Chairman and Founder

Kitwe, ZM

Profile Verified by The Marque

Last Updated: 22 Sep 2026

In Their Own Right

Biography

Abdoulaye Ndiaye is the Founder and Chairman of Grizzly Mining Limited in Kitwe, Zambia.

Abdoulaye started his mining career in Zambia in 1972, trading emeralds in Lufwanyama, located in Zambia's Copperbelt Province. The Senegalese-born mining executive and entrepreneur acquired the Grizzly Mine twenty-five years later. For nearly thirty years, he has been leading the way at Grizzly Mining, qualifying as a gemologist whilst Grizzly Mining produced some of the world’s largest high-grade emeralds.

Through the creation of employment for more than 4,000 individuals at their mining operations, Grizzly Mining has contributed greatly to the Zambian economy. The gemstone business has built and equipped a clinic on the mine site to look after the wellness of employees and also established and funded a clinic serving the community.

Employees of Grizzly Mining are encouraged to engage with learning and qualification opportunities that are funded by the company. Through the financing of three high schools and two primary schools in the community, the mining company has provided educational opportunities to more than 900 students. Grizzly Mining also has an ongoing literacy sponsorship programme in place.

Through the establishment and maintenance of a 50 km power line and road, the business has contributed to a better life for all. Grizzly Mining donates fertiliser and pesticide to six local chiefdoms on an annual basis. The mining company also collaborates with government departments and an environmental consultant to address revegetation and reforestation. During the Covid Pandemic, the company sponsored the provision of a large number of oxygen cylinders to local clinics.

Grizzly Mining facilitates a biannual auction in Dubai attracting top gemstone specialists from across the globe.

In addition to his involvement in Wolle Mining Limited and Gemcanton Mining Services Limited, Abdoulaye also has further business interests in his birth country of Senegal.

The Record

Background

1997 — Present
Chairman and Founder

Grizzly Mining Limited

Grizzly Mining Limited engages in the production and processing, as well as grading, marketing and supply of emeralds and beryl. The company is best known as the source of some of the largest high-grade emeralds globally.

In The News

Newsfeed

20 May 2025 · Mining Weekly
Grizzly emerald auction generates $24.8m in revenue
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12 December 2024 · National Jeweler
Grizzly Emerald Auction Garners $22.4M
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17 July 2024 · African Mining Market
Grizzly's Emerald Auction Generates Strong Revenue
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22 March 2024 · Mining Weekly
Grizzly emerald auction generates $19m in sales
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21 March 2024 · National Jeweler
Grizzly Sells 4,145-Carat Emerald for Over $1M
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12 December 2023 · Forbes
â€˜Gem In The Roughâ€™: A Look At Zambiaâ€™s Ever-Growing Emerald Industry
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1 December 2023 · Crown Publications
Strong demand for emeralds underpins investment in Grizzly mine
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13 August 2023 · Rapaport
Grizzly Records Highest-Ever Emerald Sales
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