Pallinghurst Resources LLP
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Pallinghurst Resources LLP is headed by former BHP Billiton CEO Brian Gilbertson, who plans to spend $200-million over the next two to three years on gem mining and processing.[citation needed] The company wants to support the planned revitalization of its Fabergé luxury goods brand, which it bought from home and personal care brand manufacturer Unilever in January 2007 for an undisclosed amount.[citation needed] Carl Fabergé, who manufactured luxury jewellery, founded the Fabergé Co. in St Petersburg in the 19th century, and supplied jeweled eggs to Russian royalty. Unilever had owned the brand for almost 20 years.
The investment group Investec and miner AMCI are planning to invest $1,5-billion in the next five years and run the gem mining and processing operations as a completely separate brand and business to Fabergé.[citation needed]
