Gemstone miner Fura Gems has partnered with Chinese gemstone manufacturer China Stone to provide it with access to a selection of high-quality rough rubies from Montepuez, Mozambique, for an initial period of three years.
This partnership guarantees China Stone a reliable source of origin-certified rough rubies ranging from 0.25 carats to 0.75 carats, supporting better production planning and forecasting for watch and jewellery manufacturers and retailers.
Dev Shetty, Founder and CEO of Fura Gems, said: “We are delighted to announce this partnership with China Stone, a first of its kind in the coloured gemstone mining industry. As with the diamond industry, the assurance of a consistent supply of coloured gemstones will significantly increase demand from brands, major retailers and manufacturers. We are proud to share our exceptional rubies with the world through this collaboration.
Li, CEO of China Stone, added: “Consistent supply of coloured gemstones has been a significant challenge and we believe this collaboration will not only eliminate this challenge, but also help our customers plan their production well in advance to meet demand.