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Common Gemstone

Part of the industry series of articles.

Common Gemstone
Industrial Bureau of Vekllei
Employees 3,020
Founded 2032
Headquarters Kala
Industry Precious stones
Revenue AK ✾ 2.6 billion
Traded GEM
SpA

Common Gemstone S.p.A. is a bureau corporation in Vekllei that manufacturers precious metals and some jewellery. Gemstones have broad industrial and commercial uses in Vekllei, and are exclusively synthesised to meet that demand. The company manufactures diamonds, sapphire, rubies, garnets and quartz for industrial and commercial applications, and an array of precious and semiprecious stones for commercial use and jewellery.

Common Gemstone uses modern methods for gemstone synthesis, including liquid metal immersion and flux processes for different types of gemstones. Surplus product is exported overseas in batches, which often impacts on the tightly controlled gemstone market. The company has been litigated by gemstone cartels like De Beers after flooding the international market with unregistered and synthetic diamonds.

The company is responsible for the security of existing natural mine sites, which have been closed by the government. All Vekllei gems and precious stones today are produced synthetically by Common Gemstone.