In an ancient Colombian legend, Tena and Fura were husband and wife, joined together as one. Deeply devoted to each other, their spirits remained united until an act of explosive passion divided the couple forever, forcing them apart and into the two sacred mountaintops. As Fura wept over the separation, her tears became emeralds, preserving her love for eternity.
From this classic story, we were inspired to create FURA Gems Inc.’s unique identity as a revolutionary gemstone mining and marketing company.
From our Dubai-based headquarters, we sustainably source gemstones from our mining sites around the world, using industry best practices.
FURA’s initial focus includes mining ruby assets in Mozambique and emeralds in Colombia. Together with our trusted partners, we also market these beautiful treasures across reliable selling platforms.
As a listed company on Canada’s TSX Venture Exchange (ticker symbol: FURA.V) and a member of the Forbes & Manhattan Group, we strive to champion transparency and principled operations for all of our projects whilst bringing sophisticated mining and marketing to the global gemstone market, together with all our stakeholders, we are committed to the timeless pursuit of perfection.
Harnessing
passion.
Reshaping our world.
Fura Tena mountain, Colombia
As a progressive and imaginative company, we aim to set the new precedent for best practices in the gemstone industry by transforming current standards into the premiere example of employee-friendly, sustainability-driven, community-centered enterprise.
Our mission is to create unique opportunities for all our stakeholders by partnering with surrounding communities to focus on known and proven gemstone belts including existing yet undervalued assets, supply rough gemstones through organised and transparent selling platforms, and promote mined gemstones around the world.
FURA’s leadership team brings together experienced professionals and industry veterans from the gemstone, mining, and financial sectors who are fuelled by a collective passion to revolutionise the industry.
Mr. Shetty joined FURA in January 2017 as President and Chief Executive Officer. Prior to joining FURA, Mr. Shetty was the group chief operating officer and board member of Gemfields Plc. He was instrumental in leading Gemfields to become the world’s largest colour gemstone company from 2009 to 2016. Mr Shetty played a vital role in developing the world’s largest producing emerald mine in Zambia and the greenfield ruby project in Mozambique, which is believed to be the largest ruby deposit in the world. Previously, Mr. Shetty gained valuable experience in the fields of start-ups, mergers and acquisitions, business turnaround, project management, strategy and finance during his tenure with a private equity firm and a manufacturing company. Mr. Shetty graduated from Mumbai University and is a qualified chartered accountant.
Mr. Roy joined FURA in November 2017 as vice president of operations and will be responsible for the company’s global mining and exploration operations. Prior to joining FURA, Mr. Roy served as general manager for Gemfields Plc, overseeing the Montepuez ruby mine (Mozambique), and as head of geology and exploration at the Kagem emerald mine (Zambia). He also developed Gemfields’ greenfield ruby project in Mozambique, which is believed to be one of the world’s largest ruby deposits. Over the last two decades, Mr. Roy has worked as a senior scientist in theDepartment of Atomic Energy for the Government of India where he specialised in atomic minerals and rare earth-related minerals. Mr. Roy is a professional geoscientist and holds a Master in Applied Geology and Master in Business Administration from India.
Mr. Sen joined FURA in November 2017 as Vice President – Marketing and Sales. Mr. Sen’s responsibilities include global marketing, communications and sales of rough gemstones. Prior to joining FURA, Mr. Sen was acting global Director of marketing and polished sales and marketing and sales director for Asia for Gemfields plc. During his 9-year stint with Gemfields, Mr. Sen was instrumental in implementing the ‘mines and market’ strategy in Asia. Mr. Sen was responsible for overall advertising, public relations, sponsorships, research, co-branding, comarketing, education and training in his territory. Prior to working with Gemfields, Mr Sen has worked has worked for companies such as De Beers (Diamond Promotion Service) and Swatch Group. Mr. Sen has a Bachelors in Business Administration and Economics from India.
Mr. Ptolemy is part of Forbes and Manhattan Group (‘F&M’) and began serving as FURA’s chief financial officer in April 2017. Mr. Ptolemy is CFO of several F&M public and private mining companies, with a particular focus on the exploration and development stages in South America. Before joining F&M, he was CFO of an independent investment dealer in Toronto where he was responsible for financial reporting, auditing, budgeting and internal controls. Mr. Ptolemy is a certified public accountant and certified financial analyst charter holder.
Mr. Lopez has served as FURA’s legal counsel since April 2017 and is a part of Forbes and Manhattan Group (‘F&M’). As a corporate securities lawyer, Mr. Lopez advises various F&M companies listed on the Toronto Stock Exchange and TSX Venture Exchange. Prior to joining F&M, Mr. Lopez was a securities, and merger and acquisitions lawyer at a prominent Toronto corporate legal firm. Mr. Lopez earned a Juris Doctorate from Osgoode Hall Law School, Toronto, and is also a director of the Canadian Hispanic Bar Association.
Starting in January 2017, Mr. Malkani has advised FURA on new opportunities and works closely with Mr. Shetty. Previously, he held senior management positions with Rio Tinto, Alcan, Eastman Chemicals, Monsanto, Bayer, and Exim Bank and was the chief operating officer for Rio Tinto's Bunder diamond project in India. Mr. Malkani has almost a decade of experience in metals and mining, and graduated as a chemical engineer from the Institute of Chemical Technology. He also earned his Master in Business Administration from the Indian Institute of Management - Calcutta.
Mr. Moore is a business executive with over 25 years of experience in the resource and durable goods sectors. He is the former President and CEO of Dacha Strategic Metals, and presently the Chairman of the board of directors of Copper One, President and CEO of Euro Sun Mining Inc. and Chief Operating Officer of Forbes and Manhattan. Mr. Moore holds a Bachelor of Arts degree from the University of Toronto and an MBA from the Kellogg School of Management.
Mr. Shetty joined FURA in January 2017 as President and Chief Executive Officer. Prior to joining FURA, Mr. Shetty was the group chief operating officer and board member of Gemfields Plc. He was instrumental in leading Gemfields to become the world’s largest colour gemstone company from 2009 to 2016. Mr Shetty played a vital role in developing the world’s largest producing emerald mine in Zambia and the greenfield ruby project in Mozambique, which is believed to be the largest ruby deposit in the world. Previously, Mr. Shetty gained valuable experience in the fields of start-ups, mergers and acquisitions, business turnaround, project management, strategy and finance during his tenure with a private equity firm and a manufacturing company. Mr. Shetty graduated from Mumbai University and is a qualified chartered accountant.
Mr. Gupta is an entrepreneur with over 20 years of experience in international trade in the industrial goods, manganese ore and gold.
Mr. Gupta holds a Bachelor of Commerce degree from the University of Delhi, India and is a Chartered Accountant.
