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AUCTIONS
Gemfields
Singapore
Emerald auction
generates $24.8m
Gemfields has announced the results
of an auction of higher quality rough
emeralds held in Singapore from 14 - 17
November 2018, with revenues totalling
$28.4m (£22m).
The emeralds were extracted by
Kagem Mining in Zambia, which is 75%
owned by Gemfields and 25% by the
Industrial Development Corporation of
Zambia. The proceeds of the auction
will be fully repatriated to Kagem in
Zambia, with all royalties due to the
government of the Republic of Zambia
being paid on the full sales prices
achieved at the auction.
The auction saw 40 companies
placing bids with an overall average
value of $68.03 per carat. Of the
number of lots offered, 77% were sold
(versus 59% in the May 2018 auction).
Gemfields’ has held 30 auctions of
emeralds and beryl mined at Kagem
since July 2009 generating $556m
(£432.8m) in total revenues.
Sean Gilbertson, CEO of Gemfields,
said: “Kagem and Gemfields believe
coloured gemstones should be mined
and marketed by championing three
key values - legitimacy, transparency
and integrity. We also believe that
Zambia should benefit equitably from
its natural resources through the taxes
we contribute to the government,
the foreign exchange earnings we
generate, increased local employment,
and the social impact of our community
projects.”
Adrian Banks, Gemfields’ managing
director of product and sales, added:
“The results of what was our first
Singapore emerald auction in more
than three years clearly reflect the
emerging recovery among our trade
customers after a protracted period of
difficulty. The marked increases in the
percentage of carats and number of
lots sold, combined with the uptick in
per carat price, bode well for further
improvement in 2019.”
December 2018 | jewelleryfocus.co.uk
INTERNATIONAL
Breitling marks
expansion into
Chinese market
with gala
celebration
Breitling, the Swiss watch brand,
hosted a celebration of its entry into the
Chinese market with a red carpet gala
night at Beijing’s Phoenix Center on
November 20, 2018.
International movie stars and
Breitling Cinema Squad members Brad
Pitt and Daniel Wu were on hand to
mark the occasion, along with surfer
Sally Fitzgibbons and photographer
and filmmaker Peter Lindbergh.
They were joined by personalities
from the worlds of fashion, high society,
sport, music, and film, including
Japanese fashion designer Motofumi
“Poggy” Kogi, South Korean actress
Shin Se-Kyung, Chinese actress Qi
Wei, and Chinese actor Li Zonghan.
Inside the Phoenix Center, the
stunning decor recalled Breitling’s
brand worlds of air, sea, and land.
Breitling also took the opportunity
to introduce the watches in the new
Premier family. The new Premier family
reintroduces the brand’s link to the
land environment. One of the standout
pieces in the family is the Premier B01
Chronograph 42 Bentley British Racing
Green, a chronograph that honors
Breitling’s partnership with the great
British automobile brand.
The brand also previewed two
special pilot’s watches that will be
launched next year, commemorating
the history of the legendary Curtiss
P-40 Warhawk plane. On hand to help
celebrate were pilots from two different
generations, Taylor Stevenson and
93-year-old Ollie Crawford, the oldest
living pilot to have ever flown a Curtiss
P-40 Warhawk plane.
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NEW COLLECTIONS
Blossom
Copenhagen
launches new
collection
Blossom Copenhagen has released
a new jewellery collection based
on designer Christina Elbro and her
husband Holger Elbro’s perception of life.
Christina ElbroI said: “I am a true
romantic and I design jewellery for
women who love a feminine touch. My
favourite symbol is the heart, and that is
the focal point of the entire collection.”
The collection is in line with the
classical Danish jewellery tradition,
where the designer and craftsman
work closely together. The jewellery
designs of Blossom Copenhagen are all
drafted by hand, and then handmade
using traditional goldsmith techniques.
The end result is clearly visible in the
organic and personal expression.
The jewellery is designed with
“a great zest for life”, and there is a
connection between patterns and
shapes for all designs. Blossom
Copenhagen only use sterling silver,
9, 14 and 18ct gold combined with
beautiful special selected precious -
and semiprecious gemstones.
Christina and Holger Elbro said: “The
purpose of the collection is to make it a
joy to wear the jewellery from Blossom
Copenhagen, and all women around
the world should feel beautiful and
confident when looking at our jewellery
show your love, and let it Blossom.
“It is our clear intention to enable the
choice of personal additions such
as wearing the same pendant on a
bracelet or in a chain. So we are proud
to present a collection where the
focus is on the individual expression
and where a woman truly shows her
feminine sides.”
END: THAT’S ALL. YOU ARE NOW UP TO DATE
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