© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Gemfields Acquires  Montepuez Gem Licenses
Posted 2nd April 2015

Gemfields Acquires Montepuez Gem Licenses

We caught up with Ian Harebottle, CEO of Gemfields, to find out how his company’s acquisition of mining and exploration rights at Mozambique’s Montepuez ruby deposit is set to change the global ruby trade forever.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Gemfields Acquires Montepuez Gem Licenses
Image

Gemfields Acquires Montepuez Gem Licenses

We caught up with Ian Harebottle, CEO of Gemfields, to find out how his company’s acquisition of mining and exploration rights at Mozambique’s Montepuez ruby deposit is set to change the global ruby trade forever.

Gemfields plc is the world’s leading supplier of responsibly sourced coloured gemstones, positioned at the intersection of exploration, mining and marketing. Specialising in high-quality emeralds and amethysts from Zambia, and, more recently, rubies from Mozambique, the company has a proven track record of delivering a consistent supply of high-quality, uncut, responsibly-sourced coloured gemstones to world markets.

“The company’s direct involvement in each step of the process is unique, and provides discerning customers with the assurance they require of the responsible journey their gemstones have taken from mine to market,” says CEO, Ian Harebottle. “Through this responsible and transparent approach, Gemfields has pioneered leading environmental, social and safety standards within the coloured gemstones sector.”

The company’s strategic aims, says Harebottle, include: becoming the global leader in emeralds, rubies, sapphires and other selected gemstones; promoting and repositioning the coloured gemstone industry alongside other luxury goods; ensuring a consistent supply of high-quality, professionally-graded, uncut coloured gemstones to world markets; promoting disclosure, transparency, education and certification across the coloured gemstone industry to engender greater consumer trust; and leading the way in coloured gemstone exploration, operational efficiencies and mining ethics.

Gemfields’ rough gemstones are brought to the market by way of private auctions three to four times a year, which are attended by the world’s top gem houses and lapidaries. The gemstones are sorted and graded according to the world’s most comprehensive emerald grading system, pioneered by Gemfields.

Gemfields champions established and emerging talent through exclusive collaborations with leading international jewellery designers. In 2013, Mila Kunis was announced as Gemfields’ global ambassador and continues to represent the company in their latest advertising campaigns.

An ethical approach
Gemfields is committed to mining in a responsible way, and, from the outset, Gemfields’ aim has been to turn the coloured gemstone business into a transparent industry allowing investors, local communities and national economies to benefit from its approach and expertise, says Harebottle.
“Its dedication to preserving the environment, nurturing relationships with local communities and upholding human rights has always been central to the Gemfields business.

“Globally accepted principles and standards in the coloured gemstone sector – particularly in terms of sustainability – are yet to be developed, and Gemfields is already playing a key role in leading and raising the professional standards of the sector.

“Gemfields has been able to greatly reduce the impact of its activities on the environment across all its operations and is pushing for its sites to meet certain international environmental standards over the next few years. The company is benefiting the communities and countries in which it operates in a meaningful way, through the provision of employment, education, healthcare, infrastructure and other facilities.

“At its Kagem emerald mine in Zambia, for example, the company has allocated over US$1 million for the construction of a secondary school at Chapula and a four-ward health centre at Nkana Village which are now underway.

“As the company builds on its sustainability strategy further, the aim is to be recognised as a business that operates to international and best practice standards and to work in partnership with other stakeholders to continue to pioneer sustainability in the coloured gemstone sector.”

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Successful Consumer Analytics Equals Successful Digital Marketing
News
27/03/2023Successful Consumer Analytics Equals Successful Digital Marketing

It’s an exciting time to be a marketer, but it’s also a challenging time in the industry. Knowing what mediums to focus on and where to spend your marketing budget is no simple task.

Read Full PostRead - Eye Icon
Acquisition (USD2.5b): Zillow/Trulia
Finance
27/02/2015Acquisition (USD2.5b): Zillow/Trulia

Acquisition International reports on Zillow, Inc.'s acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction, and formed Zillow Group, Inc.

Read Full PostRead - Eye Icon
Constructing the Future in China
Legal
14/12/2015Constructing the Future in China

Zhong Lun Law Firm is a top-tier Chinese law firm based in Beijing with multiple offices at China’s major cities as well as in New York, London and Tokyo.

Read Full PostRead - Eye Icon
Capital Croissance Acquisition of Minority Stake in Altima
M&A
03/08/2015Capital Croissance Acquisition of Minority Stake in Altima

Capital Croissance Acquisition of Minority Stake in Altima

Read Full PostRead - Eye Icon
Stellex Capital, in Partnership With Communify, has Acquired Fincentric From S&P Global
M&A
16/08/2024Stellex Capital, in Partnership With Communify, has Acquired Fincentric From S&P Global

Communify, a Just Build It (JBI) company led by the former founders of InvestCloud, in partnership with Stellex Capital Management, will be combined with Fincentric (formerly known as Markit On Demand), a provider of digital experiences, curating financial dat

Read Full PostRead - Eye Icon
HMRC to make tax digital for VAT
Finance
26/03/2019HMRC to make tax digital for VAT

More than 3,000 businesses are now signing up every day to experience a more integrated approach to business and tax. For VAT periods starting from 1 April 2019, most businesses above the VAT threshold will need to keep their records digitally and submit their

Read Full PostRead - Eye Icon
3 Proven Strategies for Mastering the Art of Closing High-Stake M&A Deals
M&A
31/05/20233 Proven Strategies for Mastering the Art of Closing High-Stake M&A Deals

Mergers and acquisitions have always been risky undertakings that can end without profit. The most complex transactions can rightfully involve M&A that can drag on for years without any visible results.

Read Full PostRead - Eye Icon
Ukwazi: South Africa’s Best Specialist Mining Service Providers
News
04/08/2023Ukwazi: South Africa’s Best Specialist Mining Service Providers

Founded in 2004, Ukwazi is a multi-disciplinary company delivering independent advisory, technical systems integration, and operational contract mining services.

Read Full PostRead - Eye Icon
August Winners’ Directory
Strategy
31/08/2016August Winners’ Directory

August Winners’ Directory.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow