Fura Gems Appoints China Stone As Sightholder For Mozambican Rubies


Gemstone miner Fura Gems has collaborated with Chinese gemstone manufacturer China Stone, granting it access to a selection of premium rough rubies from Montepuez in 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 watches, jewellery manufacturers, and retailers, according to a company statement.

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. Like the diamond industry, the assurance of a consistent supply of coloured gemstones will significantly boost demand from brands, large retailers, and manufacturers. We are proud to share our exceptional rubies with the world through this collaboration.”

Chinese Demand for Mozambican Precious Stones Surges

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 assist our clients in planning their production well in advance to meet the demand.”


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