We welcome all the valued

7th Edition January - July 2013 THE OFFICIAL NEWSLETTER OF PAKISTAN GEMS AND JEWELLERY DEVELOPMENT COMPANY Also available online at: www.pgjdc.org Editor s Note We welcome all the valued readers and Gems & Jewellery stakeholders, many of who already know the company and many others whom we wish to get acquainted with. PGJDC has launched 7th edition of newsletter. A number of PGJDC events happened during this period which are being shared with the readers. These include inauguration ceremony of Vocational Training in Lapidary at GJTMC Gilgit, Islamabad Gem Exhibition held on 1st-3rd February 2013, Gem Bazaars Quetta & Peshawar and D-8 Trade Exhibition. Additionally, this newsletter contains information and news about training programs and seminars. Through this edition, we would also like to highlight the most important project of PGJDC which is Assaying and Hallmarking. This project has been commissioned and operationalized in Karachi and Lahore. Upcoming International Events have also been highlighted. Events like, The Munich Show, China International Gold Jewellery & Gem Fair, Malaysia International Jewellery Festival and Dubai International Jewellery Week. This edition also covers updates regarding E-Commerce Web Portal and information on the gemstone; Ruby. Best regards and happy reading! PGJDC Events Inauguration ceremony of Vocational Training in Lapidary at GJTMC Gilgit The Inauguration Ceremony of Vocational Training in Lapidary was held at Gems & Jewellery Training & Manufacturing Centre (GJTMC) Gilgit on Wednesday, January 9th 2013. Syed Mehdi Shah, the Honorable Chief Minister, Gilgit Baltistan was the chief guest. He appreciated the training provided to the participants by PGJDC at Gems and Jewellery Training and Manufacturing Center, Gilgit and urged that other public and private sector organizations should also come forward and collaborate with PGJDC to extend training facilities to maximum number of people of this area. The Director GJTMC Gilgit welcomed the Honorable Chief Minister and extended gratitude to him for gracing the occasion. He said that Gilgit Baltistan is rich in Gemstones and other varieties of minerals of economic importance. GJTMC, Gilgit is providing gemstone processing facility to the local entrepreneurs, resulting in value addition of locally mined gemstones and enhancing income of the local masses. QUOTE A winner is someone who recognizes his God-given talents, works his tail off to develop them into skills, and uses these skills to accomplish his goals. Larry Bird Mr. Mehboob Ali Khan, Director Benazir Income Support Program (BISP) during his speech, explained various programs of BISP which will be extended to the trainees of GJTMC Gilgit. He admired all the facilities available at Gems & Jewellery Training and Manufacturing Center Gilgit. This six months training in Lapidary was sponsored by Benazir Income Support Program. After completion of training the beneficiaries of BISP will acquire enough skills to either get jobs or work independently as entrepreneurs. Newsletter - January - July 2013 1

Islamabad Gem Exhibition 1 3 February 2013 The three-day exhibition organized by Pakistan Gems and Jewellery Development Company is an annual event. Third edition of the event was organized in February 2013 to facilitate gem dealers and traders from all across Pakistan. The event was inaugurated by Mr. Gul Muhammad Rind, Secretary Ministry of Production. The purpose of the event was to fuel internal Identification laboratory was also set up at the trade of gemstones and build B2B relations venue to facilitate the trade. The gemstone between the local traders. The products on display included Gem Stones (rough & cut), Mineral Specimens, Beads, tableware and jewellery. testing was done free of cost. Estimated number of visitors during the three day event was approx 10,000, which included dignitaries, foreigners, Govt. Functionaries, traders and local masses. Islamabad Gem Exhibition was dedicated to the Exhibitors acknowledged and appreciated promotion of Gem trade in the country. In line with the scope and purpose of the event, 80 Gem traders from all across Pakistan showcased their products. A conducive environment was created to facilitate the efforts of PGJDC for providing enabling environment for their businesses to grow. Besides spot sales, they developed B2B contacts, which in the long run will help them boost their businesses at different levels. and promote trade under one roof. Gemstone 10th Gem Bazaar Quetta 16 17 March, 2013 Pakistan Gems and Jewellery Development Company organized 10th Gem bazaar at Gem Exchange Quetta on 16th and 17th March, 2013. The Gem Bazaar was inaugurated by Ms. Rahila Hameed Durrani, Member Provincial Assembly Balochistan. 11th Gem Bazaar Quetta 08 09 June, 2013 Pakistan Gems and Jewellery Development Company organized 11th Gem bazaar at Gem Exchange Quetta on 08th and 09th June, 2013. The Gem Bazaar was inaugurated by Nawab Ayyaz Khan Jogezai, member Provincial Assembly Balochistan. The honorable Chief Guest visited all the stalls and booths and expressed his gratification for the endeavors of the PGJDC, on account of the development of the Gems & jewellery sector in Balochistan. Twenty nine (29) exhibitors from different cities exhibited their products. Variety of gemstones and mineral specimens from Balochistan and other parts of the country, Afghanistan and Iran were displayed in the Gem Bazaar. One of the important feature of the Gem bazaar was the stall setup by GJTMC Quetta projecting Gem Faceting Machine with samples of different types of cut stones faceted by the students of the Training centre. Representative from SMEDA, WESS, IDO, BUITEMS, University of Balochistan, Pearl Institute and other local & international NGO s and government organization also showed keen interest in Gemstone on display during gem bazaar. Thirty one (31) exhibitors from Hyderabad, Chaghi, Killa Saif Ullah, Kharan, Zhob etc exhibited their products. A variety of gemstones and mineral specimens from Balochistan, Khyber Pakhtunkhwa, Gilgit- Baltistan, Afghanistan and Iran were displayed during the Gem Bazaar. Ms. Rahila Durrani visited each and every stall at the Gem bazaar and appreciated the endeavors of the company for the development of Gems & Jewellery sector in Balochistan. She lauded the efforts of PGJDC in providing such a lucrative platform and opportunities to the traders, manufacturers and mine owners of gemstones and mineral specimens of the country in general and Balochistan in particular. She assured her full support and cooperation in all future initiatives of the company. 2 January - July 2013 - Gems & Jewellery

15th Gem Bazaar Peshawar 13 14 April, 2013 Pakistan Gems and Jewellery Development Company organized 15th Gem bazaar at Gem Exchange Peshawar on 13th and 14th June, 2013. The Gem Bazaar was inaugurated by Mr. Mushtaq Ahmed (Chairman APCEA) and Mian Farooq, Director General Mines & Minerals, Government of KPK. The honorable Chief Guests visited all the stalls setup at Gem Exchange centre. Fifty eight (58) exhibitors participated in the Bazaar, and displayed their products. Mineral Specimens, Rough Gemstones and Cut/Polish gemstones were displayed at the Stalls.About 2500 people, including local and people coming from other parts of the country visited the Gem Bazaar. 16th Gem Bazaar Peshawar 08 09 June, 2013 Pakistan Gems and Jewellery Development Company organized 16th Gem bazaar at Gem Exchange Peshawar on 8th and 9th June, 2013. The Gem Bazaar was inaugurated by Dr. Mohsin Khan, Director Institute of Management Sciences, Peshawar and Mr. Rahat Ullah Khan, President Tribal Chamber of Commerce amd Industries. The honorable Chief Guests visited all the stalls and appreciated the quality of gemstones on display. Fifty eight (58) exhibitors participated in the Bazaar, and displayed their products. Mineral Specimens, Rough Gemstones and Cut/Polish gemstones were on display during the event. Besides gem dealers from differnt parts of Pakistan, general public, students and dignitaries visited the gem bazar. Newsletter - January - July 2013 3

D-8 Trade Exhibition The Developing 8 (D-8 or Developing Eight) is a group of developing countries with large Muslim population that have formed an economic development alliance. It consists of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. The Developing 8 (D-8 or Developing Eight) is a group of developing countries with large Muslim population that have formed an economic development alliance. D-8 Trade Exhibition was held at Pak China Friendship Center Islamabad on 19 22 November 2012. GJTMC Peshawar Displayed the products developed by trainees of the centre and disseminated information about training programs offered at GJTMC Peshawar and other PGJDC activities among the visitors. The participants appreciated the efforts being made by PGJDC for the promotion of Gems and Jewellery sector of Pakistan. This event provided a platform to PGJDC to introduce its training programmes and other initiatives among the participants of D-8 countries and local masses. DAWN Education Expo Karachi, Lahore & Islamabad Gems and Jewellery Training & Manufacturing Centers (GJTMCs) setup a stall each at all the three DAWN Education Expo Karachi 9 10 Feb, 2013, Lahore 5 6 Feb, 2013 and Islamabad 2 3 Feb, 2013 respectively. The purpose of participation in these exhibitions was to create awareness about the trainings being offered through state-of-theart facilities at all the GJTMCs across Pakistan. GJTMCs training programs were highly 4 appreciated by the participants and visitors of the event. Hundreds of visitors showed keen interest in different courses being offered by GJTMCs. By and large participation in these events helped a lot to create awareness among the participants about PGJDC s training centers, modern technologies and quality trainings being offered at these centers. January - July 2013 - Gems & Jewellery

Visit of Secretary, Science & Technology, Department, KPK to GJTMC, Peshawar Mr. Ahmed Hassan Secretary Science & Technology Govt. of KPK along with Director Science & Technology visited Gems and Jewellery Training and Manufacturing Center (GJTMC) Peshawar on 18th March, 2013. He was given tour of various sections and departments of the institute and was briefed about different trainings being imparted at the institute. Following are the comments of secretary. I was really impressed by the activities undertaken by the company. In view of the Survey Training Impact Assessment tremendous potential of Gems & precious stones available in the Province their efforts would definitely boost the business of private 26% A survey for Training Impact School & Colleges assessment was conducted to evaluate the benefits of training offered at training centers and to improve the same in line with the market demand to facilitate Gems and Jewellery sector appropriately. A questionnaire was developed to conduct the study. Approximately 5,000 students were trained at the training centers since January 2008 till March 2012. A total of 1000 students were taken as sample for the survey that constituted 20% of the total students passed out from the training centers. Total 893 students responded to the survey, making an adequate pool of respondents to conclude the assessment. The results derived from training assessment Around 68% of all the participants defined survey are as under: the training as effective, 28% rated the training somewhat effective and 4% did not Key results: answer the question Majority of passed-out students 63% passed out students belonged to the Gems and Jewellery sector, 26 % recommended to up-grade the training programs and increase its duration. participants were students of various Mobile training and mining training was schools and colleges and 11% were from other professions. 57.9% of the participants were found to be directly benefiting from the courses in financial terms whereas 32.7% of the passed out students were found to be indirectly benefitting from the courses in terms of capacity building which in turn would facilitate them in financial gains requested by the students of GJTMC Gilgit whereas participants of GJTMC Quetta requested to conduct Jewellery manufacturing course Majority of the participants recommended the training programs to be carried out on regular basis, hence they appeared to be satisfied with the effectiveness and the utility of training programs. 11% Other Gems & Jewellery Sector 63% entrepreneur and lead to economic prosperity in the Province. We are actively considering joint venture for training courses and will cooperate with GJTMC in future. Visit of Director General Technical Education KPK to GJTMC, Peshawar Director General, Technical Education and Man Power Training, KPK visited GJTMC Peshawar on March 12, 2013. Detailed presentation was given to him about the GJTMC Peshawar training programs and other developmental activities being carried out by PGJDC. He has shown willingness to extend support and facilitate training programs being designed by PGJDC in Swat Valley through Mobile Training unit of PGJDC. Newsletter - January - July 2013 5

Gem Identification Training Program in Chitral GJTMC Peshawar conducted 15 days Gemstone Identification training program at Chitral in collaboration with Directorate of Science and Technology Govt. of KPK from 15th to 29th January, 2013. Twenty students were enrolled in this course and were trained through lectures and practical exercises on the modern Gemstone identification equipments. All the participants considered this training program as very important for them as Chitral is a promising region for the occurrences of various types of Gemstones. Redesigning of courses offered at GJTMCs PGJDC is constantly working to upgrade and improve the operational and deliverable capacities of its GJTMCs. In this regard, the training programs currently being offered at all GJTMCs have been reviewed, revised and revamped in consultation with all the Principals, faculty members and sector. This exercise was carried out in order to standardize the courses and bring them at par with the international practices. All the GJTMCs have adopted the same course contents and duration. These courses are designed to promote the sharing of relevant technical skills and knowledge through Interactive lectures, Group work, Classroom exercises, Group presentations, Individual participant presentations, Assessments, Discussions and research. The basic purpose of standardization is to develop and train the students in line with industry demand and equip them to utilize skills and adopt innovative practices leading towards maximizing local trade & exports. Seminars Assaying and Hallmarking: Introductory Seminar on Assaying and Hallmarking was held at the premises of Assaying and Hallmarking Centre Lahore on April 11, 2013. Twenty Six (26) representatives from the industry attended the event including president and vice president of All Punjab Gold Refiners Association and members of APGMJA. The objective of the seminar was to explain the concept of Assaying / Hallmarking and to highlight the facilities available at Assaying and Hallmarking Centre. All the participants supported the idea of Assaying and Hallmarking to promote genuine businesses. Mr. Fareed ud Din Ahmad, Vice President, All Punjab Gold Refiners Association expressed his views on AHC and appreciated this milestone achieved by PGJDC and showed his willingness and support to make the center a success. Gemstone Identification: One day seminar on Gemstone Identification and Value Addition was held at Helper Association Building Satellite Town Quetta, on February 26, 2013. A total of 54 Females participated in the seminar. This seminar was jointly organized by Helper Association Pakistan & Rangoon Wala Community and Gems and Jewellery Training & Manufacturing Center Quetta Gemstones Identification and Merchandising: One day seminar on Gemstones Identification and Merchandising was held with the collaboration of Women Business Incubation Center, SMEDA Balochistan at Women Business Incubation Center (WBIC) Quetta on March 03, 2013. A total of 21 Females participated in the event. Gemstones grading and Merchandising: One day seminar on Gemstones grading and Merchandising was held at Gems and Jewellery Training & Manufacturing Center Quetta on March 18, 2013. A total of 20 participants including both male and female attended the seminar. 6 January - July 2013 - Gems & Jewellery

Projects: Assaying and Hallmarking Center Lahore Assaying and hallmarking Centre Lahore is situated at 3rd Floor, Rana Gold Centre, Mclegon Road Lahore. It has started commercial operation from 15th of April 2013 after successful installation and a pilot run of the installed machinery. The centre offers services to the registered gems and jewellery companies for; Assaying of Gold and other Precious metals (i.e. Silver, Platinum, Palladium etc.) articles on XRF and Cupellation System, Laser marking facility for Gold and Precious metal articles, and Laser engraving facility, on very economical rates. Other services like smelting and refining are also being planned. The center is committed to provide services to gems and jewellery sector to enhance its productivity, increase consumer confidence, and acceptability of the products. Furthermore, the programs/seminars on awareness and advantages of Assaying and Hallmarking are also being arranged by the Centre to educate and entice the sector to instill the quality assurance system, so that unfair competition could be reduced. Assaying and Hallmarking Center Karachi Assaying and Hallmarking Center Karachi is located at Bliss Shopping Centre, Zaibunnisah Street, Saddar Karachi. It is, currently under trial run after successful installation and commissioning of the machinery, and has started registering gems and jewellery companies. The centre offers services to the registered gems and jewellery companies for; Assaying of Gold and other Precious metals (i.e. Silver, Platinum, Palladium etc.) articles on XRF and Cupellation System, Laser marking facility for Gold and Precious metal articles, and Laser engraving facility, on very economical rates. The services being offered at Assaying & Hallmarking Centre will begin a new era of customer confidence and quality assurance. Upcoming International Events Malaysia International Jewellery Festival 1 4 November 2013 Kuala Lumpur, Malaysia China International Gold, Jewellery & Gem Fair 8 11 November 2013 Shanghai, China Dubai International Jewellery Week 4 7 December, 2013 Dubai, UAE Newsletter - January - July 2013 7

E-Commerce Web Portal Updates E-Commerce Portal launched by Pakistan Gems and Jewellery Development Company is getting overwhelming response from the Gems & Jewellery Sector of Pakistan. The enrolled members are continuously uploading their products on this portal and marketing them in the international as well as local markets to great effect by engaging B2B and B2C Customers through this unique online platform. PGJDC is in the process of Search Engine Optimization and Search Engine Marketing of this E-Commerce Portal, through different methods and techniques prevailing in the modern world today. This is a continuous and on-going process and will result in increasing the online rating of this portal. Precious Gemstone Ruby Ruby is a pink to blood-red colored gemstone, a variety of the mineral corundum (aluminium oxide). The red color is caused mainly by the presence of the element chromium. The crystal system is Trigonal. Its name comes from ruber, Latin for red. Other variety of gemquality corundum is called sapphire. Ruby is considered as one of the four precious stones, together with sapphire, emerald, and diamond. Rubies have hardness of 9.0 on the Mohs scale. This gemstone is the most stable form of Aluminum Oxide (Al 2 O 3 ) in which a small fraction of the aluminium 3 + ions are replaced by chromium 3 + ions to give it red color. All natural rubies have impurities and inclusions of rutile needles known as silk. Gemologists use these inclusions found in natural rubies to distinguish them from synthetics, simulants, or substitutes. Usually the rough stone is heated before cutting. Almost all rubies today are treated in some form, with heat treatment being the most common practice. However, rubies that are completely untreated but still of excellent quality command a large premium. Some rubies show a three-point or six-point asterism or star. These rubies are cut into cabochons to display the effect properly. Asterisms are best visible with a single-light source, and move across the stone as the light 8 moves or the stone is rotated. Such effects occur when light is reflected off the silk in a certain way. This is one example where inclusions increase the value of a gemstone. Furthermore, rubies can show color changes though this occurs very rarely as well as chatoyancy or the cat s eye effect is also seen in some of the rubies. Natural occurrence: The Mogok Valley in Upper Myanmar (Burma) was for centuries the world s main source for rubies. The ruby deposits in Pakistan occur in metamorphosed re-crystallized limestone marble in Northern Pakistan in the Hunza Valley, Gilgit, Kashmir and Hazara. Major depoits of Ruby occur in a narrow belt that may be traced from Hunza Valley to the Ishkoman Valley over distance of about 150 Km. Presently Rubies are being mined at various places all along this built. Mining activities are also being carried out in Neelam Valley AJK. Deposits of Ruby also occur in Tajikistan, Laos, Nepal, Sri Lanka, Tanzania, Madagascar, Vietnam, Nepal and Afghanistan. Factors affecting value: Like diamonds rubies are graded using criteria that have become known as the four Cs, namely color, cut, clarity and carat (weight) together with geographic origin. Color: In the evaluation of colored gemstones, color is the single most important factor. Color divides into three components; hue, saturation and tone. Hue refers to color as we normally use the term. In ruby the primary hue must be red. The brightest and most valuable red called pigeon blood-red, commands a large premium over other rubies of similar quality. All other hues of the gem species corundum are called sapphire. Ruby may exhibit a range of secondary hues. Orange, purple, violet and pink are possible. After color follows clarity: similar to diamonds, a clear stone will command a premium. Cut and Carat (weight) are also important factor in determining the price. Treatments and enhancements: Improving the quality of gemstones by treating them is a common practice. Some treatments are used in almost all cases and are therefore considered acceptable. Similarly rubies are produced in laboratories as well; such rubies have same chemical composition, physical and optical properties as of natural rubies. Rubies produced in the laboratory are called synthetic rubies, which are produced since 1837. You can write to us at marketing@pgjdc.org For your convenience, all the previous issues of the newsletter have been uploaded on our website at: http://www.pgjdc.org INFORMATION Pakistan Gems and Jewellery Development Company A subsidiary of Pakistan Industrial Development Corporation, formed under Section 42 of the Companies Ordinance 1984. Ministry of Industries & Production, Government of Pakistan M-3 Mezzanine Floor, Regent Plaza Hotel & Convention Centre, Main Shahrah-e-Faisal, Karachi. +92 21 35631395-7 +92 21 35631398 info@pgjdc.org www.pgjdc.org facebook.com/gjpakistan; twitter.com/gjpakistan January - July 2013 - Gems & Jewellery