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Gems TV is a British reverse auction jewellery shopping channel, officially the first reverse auction in the UK [citation needed] and was known as the first British channel just to sell gemstones. [4] Gems TV first launched at 4 pm on 8 October 2004, after the channel was formed by Steve Bennett and founders of Eagle Road Studios and Thaigems.
Gem Collector was launched on 8 October 2010. The channel shared the same studio as Jewellery Maker and broadcast live reverse auctions of loose gemstones between 7pm and 12am daily. Like Jewellery Maker, it was the first channel of its kind in the UK.
Gem Collector is an eCommerce website. Previously it was a British reverse auction loose gemstone shopping channel. It is the first channel of its kind in the UK. The channel was available on Sky and online. The channel operations are based at Eagle Road Studios in Redditch, near Birmingham. The channel broadcast live between 19:00 and midnight ...
Gems TV owns its gem production facilities are in Chanthaburi, Thailand.The Gems TV company (now also known by the parent company name of TGGC Limited, or Gemporia) buys cut and polished gems, crafts its products, and then sell them through its various television channels; hence the motto, '[C]utting out the middlemen', and its claim that they can consistently undercut high street prices.
TGGC Outlet (The Genuine Gemstone Company Outlet) was a British reverse auction clearance jewellery shopping channel. The channel was available on Sky and online. The channel's operations were based at Eagle Road Studios in Redditch, near Birmingham.
For the first two months, the channel only broadcast pre-recorded shows. On 7 July 2010, Jewellery Maker started to broadcast live, due to the completion of the sale involving a rival channel Gems TV. Jewellery Maker used the former Rocks TV studio, after it moved into the former Gems TV 2 studio, following the acquisition of Gems TV UK Limited.
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To date, the company has held 14 auctions of ruby and corundum produced by Montepuez Ruby Mining Limitada (MRM) and which have generated revenues totalling USD 643 million. [ 8 ] In 2019, Gemfields paid £5.8 million to settle a lawsuit in relation to allegations of human rights abuses against Mozambican and foreign nationals on or around the ...