Fura Gems, the world’s leading gemstone mining company, and China Stone announce a global collaboration. Under this agreement, Fura Gems will grant China Stone access to a selection of top-quality rough rubies.
This partnership will result in improved production planning and forecasting for watchmakers, jewelry manufacturers, and retailers.
Fura Gems’ Montepuez mine in Mozambique has gained international recognition, particularly for the discovery of the extraordinary Star of FURA ruby, which symbolizes Fura’s commitment to excellence and ethical practices.
Through community engagement, environmental conservation initiatives, and responsible mining practices, Fura Gems has taken significant steps in promoting ethical and sustainable production of these mineral resources.
“This partnership marks a significant milestone in Fura Gems’ mission to establish a robust, transparent, and traceable gemstone supply chain. By providing China Stone exclusive access to these high-quality rubies, Fura Gems is taking a decisive step towards building trust and reliability in the industry,” said Dev Shetty, founder and CEO of Fura Gems. “We are pleased to announce this partnership with China Stone, the first of its kind in the colored gemstone mining industry. This collaboration addresses the long-standing demand for a reliable and ethically sourced supply of colored gemstones in the gem and jewelry sector,” the source added.
As in the diamond industry, ensuring a consistent supply of these colored stones will significantly boost demand from brands, major retailers, and manufacturers, the manager stated.
Fura Gems Inc. is a leading company in the extraction and trading of colored gemstones, headquartered in Dubai, United Arab Emirates (UAE). Founded in 2017, Fura Gems is known for its pioneering and ethical approach in this industry.
