Sant Enterprises Introduces the ‘Rose of Mozambique’

Gemfields Ruby

London, 21 December 2018

Gemfields is proud to introduce the Rose of Mozambique – a rare, high quality ruby sold at auction in Singapore

to Bangkok’s preeminent gem specialist Sant, now cut and polished to reveal its true beauty.

Sant’s managing director Santpal Sinchawla has had a lifetime of experience with rubies, working in the family

gemstone business since he was just 18. Led by Santpal Sinchawla, the Sant team sealed the deal, fending off

many rivals in a tense sealed bid auction.

“Rubies, unlike diamonds, are not about the carat – they’re valued on the intensity of the colour and how the

stone will present itself once it’s cut - and it was clear the Rose had an exceptionally rich colour and fantastic

clarity,” explains Santpal Sinchawla, whose family have been trading rubies since 1963 and who was present

at the first ever auction of Gemfields rough rubies in 2014.

To be truly precious, a ruby’s deep red colour must blend hue, saturation, and tone perfectly. Post-auction,

Sant’s team of eight specialists worked on the stone to bring out these fires within. The delicate slicing, pre-

forming, shaping and polishing of a ruby requires a deep understanding of the stone to ensure its true beauty

and the fire within are on display.

Sant’s ruby cutters have an artisan’s skill with the steel saws, careful placing of the stone on the dop stick,

critical in ensuring the coarse and fine spinning wheels slice tiny wafers in a way that enhances the rubies final

bright facets. In the process, the rough 12.24 carat gem was cut and polished into the Rose of Mozambique -

which weighs in at 7.67 carats.

The result is a pure, vibrant red stone with crystal clarity and a rich colour saturation – key in determining the

Rose’s value. Rubies can command the highest prices of any coloured gemstone and, the per-carat prices of

fine-quality rubies have been breaking auction records recently. The Sant team are now searching for the

perfect partner to place the stone in an exceptional fine jewellery piece.

As one of the company’s first rough ruby customers, Sinchawla has visited Gemfields 33,600-hectare

Montepuez Ruby Mine in the Cabo Delgado province of northeast Mozambique and was impressed by its

responsible approach to sourcing. “It’s very well organized and maintained,” he recalls. “We were actually very

surprised by the size of the mine and impressed by the workforce.”

Gemfields first sent gemstones to Singapore auctions in 2014 and, since then, Mozambique has taken over

from Myanmar as the source of most of the rubies found in Thailand gem markets - the global hub for ruby

trading.

“Before Mozambique, very few fine quality, larger rubies had been discovered,” explains Adrian Banks,

Gemfields product and sales director. “Our secondary deposit produces very high-quality rubies - among the

best in the world. These gems have travelled along a river bed over millions of years to this site and so only

the best quality ones have survived the motion of water. Since 2014, Gemfields has auctioned some unusually

large sizes and exceptional rubies such as Dragon Eye and Rhino rubies – and now the Rose of Mozambique.”

-Ends-

IMAGES

1. The Rose of Mozambique rough gemstone – 12.24ct

2. Preforming process

3. Santpal’s son, Director of Sales, Anurak Sinchawla (middle) on site, as the ‘Rose’ is being preformed.

4. During preform process

5. After preform, ready for faceting

6. Faceting

7. During the final faceting process

8. The Rose of Mozambique – finished at 7.68ct

CONTACT Head office Sant Enterprises Co., Ltd. Helena Choudhury Anurak Sinchawla Head of PR and Communications Director of Sales T: +44 (0)207 518 3420 Bangkok, Thailand T: +66 2266 8025-9 Anurak@santenterprises.com ABOUT GEMFIELDS

Gemfields the world’s leading supplier of responsibly sourced coloured gemstones.

Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world), as well as bulk sampling licences in Ethiopia, amongst others.

Gemfields aims to operate in a way that contributes positively to national economies, taking a leading role in modernising the coloured gemstone sector and building lasting, sustainable livelihoods for the communities around the mines. Gemfields believes that coloured gemstones should be mined and marketed by championing three key values - legitimacy, transparency and integrity. Gemfields operates community projects in the areas of health, education, livelihoods and conservation to build a positive legacy; creating and supporting health clinics, schools, farming associations and wildlife preservation

Gemfields has developed a proprietary grading system and a pioneering auction and trading platform to provide a consistent supply of coloured gemstones to the global jewellery market. These key components of the company's business model, along with outright ownership of Fabergé (an iconic and prestigious brand of exceptional heritage), play an important role in the appropriate distribution and associated resurgence of the global coloured gemstone sector.

Gemfields’ responsibly sourced gemstones are the preferred choice for show pieces created by many world-renowned luxury houses and cutting-edge designers. www.gemfields.com www.facebook.com/Gemfields www.twitter.com/GemfieldsLtd https://instagram.com/Gemfields ABOUT SANT ENTERPRISES CO., LTD. With over 50 years of experience and expertise in gemstones Sant is one of the leading and well respected companies in Gemstone industry worldwide, offering a wide array of fine Rubies and Sapphires. One of Thailand’s leading precious stones suppliers, Sant has an enviable inventory of Rubies & Sapphires in different cuts, colors, clarity, and carat weights. With its state of the art cutting and polishing center, based in the heart of Bangkok, Sant strives to provide the best possible goods and services to their client. Sant has a workforce of more than 100, including many highly skilled staff for cutting, polishing and sorting of some of the most exquisite and rare gemstones. Sant counts many of the leading international jewelry brands as its clients offering them superior service, attention to detail and timely delivery of orders. Sant Enterprises Co., Ltd, is a member of the International Colored Gemstone Association (ICA) where Santpal Sinchawla, Managing Director of the company serves as Secretary.