Pallinghurst Resources the parent company of Fabergé, along with other investors will spend up to $450 million in developing the coloured gemstone and luxury-goods business. Accordingly, Fabergé coloured stones including rubies, emeralds and sapphires will be sold beginning 2008, through Fabergé's holding company, Rox Ltd. A “powerful diamond brand” is also being proposed in the making in partnership with Alrosa, although the two companies have never discussed the matter before.%%The team of investors includes Greenwich, Connecticut-based American Metals & Coal International Inc., South African-based Investec Ltd., and Texas-based private-equity fund NGP Midstream & Resources LP.