Gemfields to call for EOIs from mining companies
Following an announcement in 2014 to look for opportunities in the
Sri Lankan sapphire and gemstone sector, Gemfields plc, one of the
world's leading suppliers of responsibly sourced coloured gemstones
hopes to go ahead with the next phase.
The company will shortly call for expressions of interest from local
mining companies to set up an organized supply chain in the Sri Lankan
gemstone industry.
Gemfields will offer support to the Sri Lankan gemstone industry
through its technical abilities, proprietary grading systems and
marketing methods.
When the supply chain is set up, the gems will be offered to
potential buyers via Gemfields' auction platforms, thereby adding value
to Sri Lanka's gemstone production, growing the sector and contributing
to economic development.
CEO, Gemfields, Ian Harebottle said, "We are pleased to start the
next phase of activity in the Sri Lankan gemstone industry. World famous
for the quality of gemstones, we are optimistic we will be able to bring
our expertise to this already-established market for the benefit of
local mining communities and the Sri Lankan gemstone industry". |