Who is Aurex Holdings
Aurex Holdings is the holding company for Aurex (Pvt) Limited a major jewellery manufacturer and Aurex Diamonds (Pvt) Limited which cuts and polishes diamonds mined in the country.
Set up in 1992 the company produces and sells jewellery in the domestic and export markets. Operations are carried out in a custom built high security facility covering over 4 000 square metres which is located in Ruwa, 25 km East of Harare.
What we do
Aurex manufactures a wide variety of hand made and machine made jewellery. The manufacturing systems used provide versatility in meeting customers’ unique requirements. The company has the capacity to produce in gold and silver:
Continuous market research and product development using computers (CAD/CAM) ensures that Aurex continues to meet the ever-changing needs of its customers. This allows Aurex to custom make products according to customer specifications and unique requirements. To ensure that Aurex stays on top, there is ongoing quality improvement through bench marking of the production process against best practices in the world.
Our Mission – why we exist
To set world class standards of excellence in the beneficiation and value addition of Zimbabwe’s high value precious minerals and gemstones into finished jewellery and expertly cut and polished diamonds.
We are committed to our local and global customers, delivering quality affordable genuine jewellery whilst providing a challenging and rewarding working environment for our greatest asset, our employees. In all this, our focus is to bring value to our shareholder through a corporate philosophy of adhering to the highest ethical and corporate governance standards in all our business dealings, treatment of employees and social and environmental policies.
Our Vision – what we want to be
To be the centre of excellence in the beneficiation and value addition of Zimbabwe’s precious minerals and gemstones.
Values
In all that we do, we are guided by our values. We live them; –
We take personal responsibility for our work and execute our tasks with the attitude of a mindful and concerned owner. We uphold the highest ethical and professional standards as our seal of authenticity.
We take the needs of our customers to heart. We serve with passion, care and speed.
We deliver tangible performance and results. We make tangible impact and play to win.
We enterprise, think creatively and innovate. We resourcefully deliver solutions, add value and make a difference that matters.
We hold each other accountable for our decisions, actions and performance. We interact and communicate with each other with integrity.
We work as a team and develop relationships with our stakeholders and partners that are mutually beneficial.
Brief History about Gold in Zimbabwe
Gold mineralization in Zimbabwe is scattered throughout the country. Mining and trading in gold dates back to ancient times, when gold was an important exchange medium between the local people and traders from the East.
Most of the mines in operation today are sited on or near some of the many ancient open pit workings.
Thousands of deposits have been worked at one time or another in different parts of the country. Geological records show that more than 50 mines have individually produced more than 10 000 ounces per year.
Ongoing exploration work indicates potential to increase production through expansion of existing mines and the opening up of new ones.
The Reserve Bank of Zimbabwe has the sole responsibility of purchasing and refining of gold from producers through a wholly owned subsidiary called Fidelity Printers and Refiners.
Aurex is licensed to buy its gold from the refinery or old jewellery from the public for recycling.