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GCAL pledges $50,000 to CIBJO

December 17, 2007

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Milan, Italy—The Gem Certification and Assurance Lab Inc. (GCAL) of New York has pledged $50,000 to CIBJO, the World Jewellery Confederation.

GCAL is a subsidiary of Collectors Universe, a U.S.-based service provider to the collectibles, diamond and colored-gemstone markets.

The pledge was made at a meeting held in Geneva last month where CIBJO and jewelry industry members met under the auspices of the United Nations' Development Program and the United Nations' Economic and Social Council to discuss how to initiate, coordinate, support and advance educational projects that will help get promising, sustainable jewelry industry projects off the ground.

CIBJO President Gaetano Cavalieri said the organization was pleased with the GCAL pledge.

"We are grateful for the gift and satisfied that companies operating in this industry recognize the need to sustain and advance the well-being of those people who are part of the lower end of the production and supply pipeline, to assure that these people can earn a sustainable income and lead meaningful lives," Cavalieri said in a media release. "Naturally, we're looking forward to generating further financial support for CIBJO's work and programs, toward the 2008 CIBJO Congress in Dubai (April 14-16)."
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