MONTH IN REVIEW
www.jewelleryfocus.co.uk
DIAMONDS
Gem Diamonds
recovers
‘exceptional
quality’ diamond
The gem is colourless and categorised
as type IIa.
Gem Diamonds has recovered an
910-carat diamond from its Letšeng
mine in Lesotho, South Africa.
It is the largest diamond ever
recovered from the mine and the fifth
largest gem-quality diamond ever
recovered by the company.
Clifford Elphick, Gem Diamonds
CEO, said: “Since Gem Diamonds
acquired Letšeng in 2006, the mine
has produced some of the world’s most
remarkable diamonds, including the
603 carat Lesotho Promise, however,
this exceptional top quality diamond
is the largest to be mined to date and
highlights the unsurpassed quality of
the Letšeng mine.
“This is a landmark recovery for all of
Gem Diamonds’ stakeholders, including
our employees, shareholders and the
government of Lesotho, our partner in
the Letšeng mine.”
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ETHICS
Weston Beamor
reaffirms ‘Ethical
Jewellery
business of the
Year’ title
Each member of its team has
completed a Fairtrade Gold
Sales Ambassador Certificate of
Accreditation.
The ‘Ethical Jewellery Business
of the Year’ award winner, Weston
Beamor, has continued its good work
with every member of its customer
team becoming a Fairtrade Gold Sales
Ambassador.
Each member of the 12-strong
customer facing team at Weston
Beamor has successfully completed the
Fairtrade Foundation’s online ‘Fairtrade
Gold Sales Ambassador Certificate of
Accreditation’.
Completing this online sales training
for jewellery professionals working with
Fairtrade gold has ensured that Weston
Beamor’s team understands fully the
rules relating to Fairtrade gold and its
provenance.
Weston Beamor was one of the
first UK manufacturing companies
to be granted permission from the
Fairtrade Foundation to manufacture
in Fairtrade gold.
Ed Hole, head of bespoke CAD and
3D Printing said making sure that the
whole team gained this accreditation
was important: “Manufacturing
in Fairtrade gold is a consistent
growth area for Weston Beamor. Our
customers are seeing real interest
amongst their ‘millennial’ consumers
in the story behind their jewellery,
material origins and ethics.
“Having the whole team trained
as ambassadors really helps our
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understanding of Fairtrade gold and
the difference it makes to the miners,
their families and their communities,
and will in turn benefit our customer
service. Everyone has really enjoyed
gaining their certification and we are
all looking forward to passing on our
knowledge to our clients.”
This is a landmark
recovery for all
of Gem Diamonds’
stakeholders ,
including our
employees,
shareholders and
the government of
Lesotho, our partner in
the Letšeng mine.
Clifford Elphick, CEO,
Gem Diamonds
HALLMARKING
Hallmarking
figures drop
by 7.4% for
December
Hallmarking fell by an average of
7.4% in December 2017 compared to
the same period in the previous year,
according to figures compiled by the
Birmingham Assay Office.
The average volume of gold
hallmarked in December fell by 6.9%
to 322,033 compared with 346,082 the
previous year.
Silver fell by the same percentage,
while the volume of platinum also
decreased by 7.2%. Palladium fell by
58% which took the articles from 7,187
to 3,015.
Overall the volume fell from 781,
273 in December 2016 to 723,371 in
December this year.
February 2018 | jewelleryfocus.co.uk