Brazilian mines participate in US Seminar on Sustainability

Belmont Emeralds and Cruzeiro Mine will be prominent participants at the “Expanding Horizons” seminar during the Initiatives in Art and Culture’s (IAC) 2024 Gold and Diamond Conference in New York. Represented by their CEOs, Marcelo Ribeiro (Belmont Emeralds) and Douglas Neves (Cruzeiro Mine), these Brazilian companies will share their experiences and innovative practices in sustainable mining, contributing to a global dialogue on environmental responsibility and social impact in the gemstone and jewelry industry. Both companies are part of Precious Brazil, a sector project created by the Brazilian Gems and Jewellery Trade Association (IBGM) and the Brazilian Trade and Investment Promotion Agency (ApexBrasil), aimed at promoting Brazilian gemstone and jewelry companies abroad.

Belmont Emeralds: pioneers in sustainable mining

Located in Itabira, Minas Gerais, Belmont Emeralds is globally recognized for its innovative and sustainable practices in emerald mining. The company operates throughout the entire production chain, from extraction to international commercialization of the gemstones, applying advanced technologies at every stage. With a conscious, ethical, and reliable approach, Belmont ensures a continuous and high-quality supply, guaranteeing the origin of its products for the jewelry industry and final consumers.

Cruzeiro Mine: a success story

Operating since 1940, Cruzeiro Mine is renowned for producing tourmalines of all colors, including the coveted rubellite. Located in Minas Gerais, the company produces an average of eight tons of the mineral annually. Additionally, Cruzeiro Mine prioritizes sustainable and environmentally responsible practices. It adopts minimally mechanized underground mining, which minimizes environmental impact and optimizes waste management, and uses eucalyptus-based support from its own cultivation, reducing transport emissions and contributing to the reforestation of worked areas. The company also undertakes actions to preserve watercourses and natural forests.

Expanding horizons seminar: innovation and sustainability

The “Expanding Horizons” seminar at IAC’s 2024 Gold and Diamond Conference in New York aims to deepen discussions on promoting positive changes in the gemstone and jewelry industry, with a focus on the economic and social particularities of the Global South. The event will bring together representatives from various sectors and leaders to address issues such as gender inequality, the challenges faced by mining communities, and maximizing the value retained in producing countries. The presence of Belmont and Cruzeiro Mines, known for their exemplary practices, will enrich the debate and inspire sustainable solutions. This seminar represents a valuable opportunity for Brazilian brands to showcase their innovative practices and solidify their position as leaders in sustainable mining on the global stage.

About ApexBrasil

The Brazilian Trade and Investment Promotion Agency (ApexBrasil) works to promote Brazilian products and services abroad and attract foreign investment to strategic sectors of the Brazilian economy. In order to achieve its goals, ApexBrasil carries out several trade promotion initiatives aimed at promoting Brazilian products and services abroad, such as prospective and trade missions, business rounds, support to the participation of Brazilian companies in major international fairs, visits of foreign buyers and opinion makers to learn about the Brazilian productive structure, among other business platforms that also aim at strengthening the Brazil brand. The Agency also acts in a coordinated way with public and private players to attract foreign direct investment (FDI) to Brazil with a focus on strategic sectors for the development of the competitiveness of Brazilian companies and the country.

About IBGM

The Brazilian Gems and Jewellery Trade Association is a national, non-profit private entity founded in 1977. Its mission is to represent, integrate, develop, and promote all segments of the gem, jewelry, and fashion jewelry chain. The association works as an advocate for their interests and by promoting knowledge transfer, trust, and appreciation of their products among consumers.

About Precious Brazil

The Industry Sector Project  Precious Brazil aims to support and promote Brazilian companies in the Minerals, gemstones,  jewelry, and fashion accessories segments that seek to export their products, whether they are beginners, exporters, or already internationalized. Coordinated by IBGM – The Brazilian Gems and Jewellery Trade Association in partnership with ApexBrasil – Brazilian Trade and Investment Promotion Agency – the project currently serves approximately 150 companies in the industry.