GJ Town India

Gemfields’ responsibly sourced gemstones   Gemfields Kagem highlights its’ endeavour for responsible sourcing. Kagem is committed to ensuring that the community continues to benefit positively from its operations through various sustainability programmes focused on alleviating poverty and aligned with government policies, the UN Sustainable Development Goals (SDGs) and Vision 2030.   The mine has spent more than USD 2 million on community projects, including, 1: Rehabilitation of the 18.7km road connecting Chief Nkana and Chief Lumpuma’s chiefdoms from Kandole to Kafwaya village in Lufwanyama district, A: Construction of the Nkana Health Centre.   B: Construction and equipping of a new Chapula Secondary School, C: Construction of new buildings at Chapula Primary School, D: Building of teachers’ accommodation at Kapila Community School, E: Support for the ‘Blessings’ and ‘Green Farm’ projects & F: Improvements to Chief Nkana and Chief Lumpuma’s palaces. 2: Kagem’s...

Sources Zambian emeralds & Offers to the world map Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Sean Gilbertson, CEO of Gemfields and Kagem Mining. The observation came as Gemfields contributed new data and insights to the latest results of the Knight Frank Luxury Investment Index, which highlighted coloured gemstones. Gemfields operates the Kagem emerald mine in Lufwanyama in partnership with the government’s Industrial development Corporation (IDC) and is at the forefront of promoting responsibly sourced Zambian emeralds in the international market.  “The swing towards precious coloured gemstones is overwhelming. The past decade has seen the world record prices for an emerald and rubies surpass that of a colourless diamond on a per carat basis. It surely can’t be long before sapphires overtake diamonds, too,” said Mr Gilbertson. “We expect vibrant consum...

SoW, an essential building block In the diamond supply chain!   Senior officials of the World Diamond Council (WDC) have provided an overview of the organization's revised System of Warranties (SoW), during two sessions on April 24 at the 13th Forum on Responsible Mineral Supply Chains of the Organization for Economic Cooperation and Development (OECD) in Paris. During the briefings, WDC President Stephane Fischler described the revised SoW as an "essential building block" for participants in the diamond supply chain towards implementing the OECD's due diligence guidance for minerals from high-risk areas.                   WDC President, Stephane Fischler addressing the deep-dive session at the OECD Responsible Mineral Supply Chain forum on April 24, 2019. The first of the sessions was an early-morning side event organized together with the Responsible Jewellery Council (RJC), at which the...

The COP defines responsible, social & Environmental business practices Today RJC is launching its new Code of Practices (COP). The COP defines responsible, social and environmental business practices for companies in the jewellery supply chain and commits members to adhere to a robust set of comprehensive auditable standards. Since it was formed in 2005, the RJC’s third COP iteration reflects the evolving needs of the industry and demands of consumers globally. The latest version builds on a solid foundation and the core requirements, structure and format of the COP will be deeply familiar to RJC members. Significant changes include: 1: the expansion of the scope of materials to include coloured gemstones (rubies, emeralds and sapphires) and silver; 2: the alignment of due diligence requirements with the Organisation for Economic Co-operation and Development (OECD) Guidance for Responsible Mineral Supply Chains; and 3: new requirements on the detection of labor...

Responsible Sourcing Blue Book at OECD's Forum On April 23, 2019 CIBJO President Gaetano Cavalieri will present the World Jewellery Confederations' recently approved Responsible Sourcing Blue Book next Tuesday, April 23, 2019, to the full plenary of the 2019 Forum on Responsible Mineral Supply Chains, organised by the Organisation for Economic Cooperation and Development (OECD) at its headquarters in Paris. The OECD forum, which this year will welcome about 1,200 delegates, will feature sessions on measuring impact and driving change, opportunities and challenges related to specific minerals such as diamonds, base metals, cobalt, the 3Ts and gold, and regulatory and policy updates related to responsible sourcing. In particular, the forum will focus on the OECD's highly-regarded due diligence guidance framework for minerals from high-risk areas. The CIBJO president will be speaking during a late afternoon session on the first day of the forum, at which sel...