National Jeweler Network

Market Developments


Ethical sourcing organization celebrates 10 years

Milenyum Mining, miner of the color-change gemstone csarite, is among the sponsors of Ethical Metalsmiths’ “Gardens of Gold” auction celebrating the organization’s 10th anniversary. 


Rocks On: Jadeite prices up, even as US ban goes on

This edition of Rocks On examines how the U.S.’s ban on the import of jadeite from Myanmar has affected the gemstone in the American market. 


Rocks On: Moonstone’s rising star

This installment of Rocks On looks at the current market for moonstone, including which varieties are most popular and where prices are heading. 


Faberge creates first Imperial Egg in nearly a century

The Gemfields-owned brand is bringing back the tradition of creating objets d’art with an egg set with 139 pearls and more than 3,000 diamonds. 


6 trends that ruled in Arizona

Blue and pink hues took over Tucson during the gem shows earlier this month, while the jewelry at Centurion centered on fringe, chunky gold styles and the geometric shapes of decades past. 


Galatea takes ‘smart’ pearl to Kickstarter

The company is using a crowdfunding platform to make its Momento line of “smart” pearl jewelry available to the public.


Richland continues its exit from Tanzania

After selling off its tanzanite mining operations last fall, Richland Resources is further pulling out of Tanzania by closing its retail stores there. 


True North Gems appoints Henning as VP

Hayley Henning has been appointed vice president of marketing and development at colored gemstone mining company True North Gems, bringing with her 20 years of experience in the industry.


Gemfields will sponsor the next ICA conference

Gemstone miner Gemfields has announced its sponsorship of the International Colored Gemstone Association’s ICA Congress, to be held in Sri Lanka from May 16 to 19.


GIA to exhibit the Drehers’ carved gemstones

As part of a new exhibition opening later this month, the Gemological Institute of America will display more than 20 intricately carved, lifelike gemstone animal sculptures.


In Tucson, introductions from an emerging designer

At the AGTA GemFair, designer Babette Shennan is showcasing additions to both her Gingko and Rivulet collections.


Live from Tucson: The week kicks off with JCK

Monday marked the first official day of the buying and selling activity that happens every February in Tucson. So far, sapphire and ruby are in demand along with gold and diamond finished jewelry. 


MJSA brings live bench sessions to Tucson

 MJSA again will present its signature At the Bench Live program during the AGTA GemFair from Feb. 3 to 8, offering advice and insights to bench jewelers of all levels.


Rocks On: Turquoise’s upward trend

The latest installment in the Rocks On series examines current supply and demand for turquoise and displays several pieces of jewelry that highlight the stone’s hues. 


GIA updates colored stone and pearl reports

Beginning Feb. 1, the lab will launch a new format for its colored stone and pearl reports that includes better imagery and the most current gemological terminology.


8 education sessions at AGTA GemFair

National Jeweler combed through the AGTA GemFair seminars schedule to pick two per day that seem best suited to retailers.


McClure, Smith to speak at AGA Tucson conference

Renowned research gemologists Shane McClure of the Gemological Institute of America and Christopher Smith of the American Gemological Labs will speak at the AGA conference in Tucson next month. 


Four found guilty in murder of Campbell Bridges

Four of those involved in the deadly 2009 attack on renowned gemologist Campbell Bridges have been found guilty by a Kenyan court, a Scottish newspaper reports.


Interings’ Mehta elected IDCA president

The Indian Diamond & Colorstone Association Inc. recently announced the results of its elections for 2015.  


Need a colored stone? There’s now an app for that

Colored gemstone dealer Mayer & Watt has released an eponymous app dedicated to loose colored stones, allowing users to browse its inventory and/or use the app for gemstone education.


Rocks On: Opal’s essence continues to delight

In this installment of Rocks On, National Jeweler delves into the supply/demand and pricing trends for the opulently colored opal. 


Galatea makes pearl jewelry personal

Pieces in Galatea’s new Momento collection are embedded with a chip that allows wearers to record messages that later can be played on mobile devices.


Ruby dubbed the ‘Rhino’ sells for undisclosed sum

 A rare 40.23-carat ruby led Gemfields recent auction in Singapore, which set a new record for the mining company with a $43.3 million total.


The Weather Channel brings prospectors back to TV

The third season of The Weather Channel’s hit television show Prospectors, a reality show that follows the endeavors of gemstone miners in Colorado, returns this month. 


Gemfields unveils 40-carat ruby from Mozambique

Because of the rarity of the stones, the discovery of a ruby this size is the equivalent of finding a 100-carat rough diamond.  


Rocks On: Spinel to ‘have its day’

In the November edition of Rocks On, National Jeweler examines the trends in supply, demand and pricing for this increasingly in demand gemstone, which can be red, blue, pink or purple.


Appointments: AGTA, William Noble, more

The AGTA’s new board of directors, a new sales associate at William Noble Rare Jewels and the first female vice president of a diamond exchange are among the industry’s recent career moves. 


Production at Gemfields’ Kagem mine down slightly

Precious gemstone miner Gemfields reported Friday that production of emerald and beryl at its Kagem mine in Zambia hit 6.3 million carats in its third quarter, down from 6.5 million in the prior-year period.


NAJA schedules 2015 Tucson conference

The new laws surrounding ivory and the identification of CVD-grown diamonds are among the topics that will be covered at this year’s event. 


Rocks On: Green garnets lead the way

While January’s birthstone is best known for being a deep red, it is the greens of tsavorite and demantoid that are most in demand today.  


Researcher Thomas Hainschwang wins Bonanno award

The Accredited Gemologists Association has chosen Thomas Hainschwang, director of the GGTL Laboratories in Liechtenstein, as the recipient of the 2015 Antonio C. Bonanno Award for Excellence in Gemology.


AGA announces Tucson conference speaker lineup

Gübelin’s Lore Kiefert and AGL President Christopher Smith are among those slated to speak at the Accredited Gemologists Association conference in Tucson this February. 


Mining co. cuts world’s largest csarite

Milenyum Mining has discovered and faceted the largest known csarite in the world, a 121.65-carat pear-shaped stone that it expects to retail for close to $1 million. 


What gemstone is the favorite among consumers?

Jewelry Television is asking the public to vote on their favorite gemstone to select the “Gem of the Year,” a promotion that gives the on-air retailer valuable insight into customer preferences.  


Paraiba tourmaline ring wins Spectrum’s Best of Show

A platinum ring featuring a Paraiba tourmaline accented with French-cut diamonds by designer Leon Mege took home both the Best of Show award and top honors in the classical category at the American Gem Trade Association’s annual Spectrum Design competition.


GIA gets inside look at African emerald mine

On a recent trip to Zambia, field researchers with the Gemological Institute of America got a look at what has made the Gemfields emerald mining operations at the Kagem mine so successful.


Rocks On: Hard-to-find alexandrite picks up in price

In this installment of Rocks On, National Jeweler takes a look at the state of the alexandrite market and features seven pieces of jewelry made using this chameleon-like stone.


Mikimoto unveils new global ad campaign

Mikimoto announced that it will launch its first global ad campaign in more than a decade this fall, coinciding with the launch of a redesigned website for the brand. 


Revenue, profit up for Gemfields in fiscal 2014

Both revenue and profits increased this past fiscal year for Gemfields Plc, which saw the company push into the black as it began selling rubies for the first time.  


Gemfields expands into sapphires

Gemfields has entered into a joint venture with East West Gem Investment Limited in Sri Lanka to add sapphires to its portfolio of colored gemstones, which already includes emeralds and rubies. 


True North secures $10M in financing for ruby mine

True North Gems has signed an agreement with two companies to provide approximately $10 million to the company and its operating subsidiary for the Aappaluttoq ruby mine in Greenland. 


Tanzanite Foundation to restructure

The Tanzanite Foundation recently announced that it would undergo a structural and operational reorganization effective this month to better align the nonprofit with the global tanzanite market and sightholder expectations. 


Rocks On: Tanzanite comes into its own

In the second installment of Rocks On, National Jeweler takes a look at the current status of the tanzanite market and showcases 13 pieces of tanzanite jewelry. 


Gemstone csarite now trademarked in US

Milenyum Mining announced that it has been granted two trademarks by the U.S. Patent and Trademark Office for csarite, the color-changing gemstone it mines in Turkey. 


Inside the Csarite Mine of Turkey

High in the Anatolian mountains of Turkey is a mine that is the sole source for a gemstone trending among jewelry designers in search of something different. 


Gemfields Aug. auction of emerald, beryl nets $16M

Gemfields recent auction of predominantly lower-quality rough emerald and beryl generated $15.5 million for the gemstone miner, the second-highest amount achieved at one of the miner’s lower-quality auctions. 


CPAA raffling off trip to Tahitian pearl farm

The Cultured Pearl Association of America is in the midst of its second annual fundraising event, offering the chance to enter to win a trip to Tahiti to see the inner workings of a pearl farm.


Gem-A’s latest journal now available

The Gemmological Association of Great Britain (Gem-A) released the newest issue of The Journal of Gemmology Monday, covering the latest news and research in gemstones including new devices, reports from recent conferences and the characterization of collectors’ gemstones. 


Rocks On: Pearls, fit for a new generation

In the first installment of Rocks On, a new feature highlighting a different colored gemstone each month, National Jeweler examines the resurging popularity of pearl jewelry, showcasing 16 designs with a modern twist. 


JTV hosting third annual gem conference

Jewelry Television is holding its third Gem Lovers’ conference at its headquarters in Knoxville. 


Titanic jewelry among topics for Gem-A conference

The Gemmological Association of Great Britain has confirmed 13 speakers for its upcoming annual conference, which will include a presentation on the jewels recovered from the wreck of the famed RMS Titanic.  


What the GIA research team learned in Brazil

The passion to find more Paraiba tourmaline at one mine is “contagious” while another is yielding pockets of high-quality emeralds. Read on to learn, and see, more from the GIA’s recent expedition to Brazil.  


Gem-A’s annual conference returns to historic site

The Gemmological Association of Great Britain (Gem-A) will move its annual conference this year back to the former Royal Agricultural Hall in London, as it changes its program to make it more interactive for members. 


CIBJO outlines pearl sustainability plan

At CIBJO’s recent Sustainable Pearls Forum, President Gaetano Cavalieri emphasized the need for a comprehensive approach to achieve sustainability in the cultured pearl sector, one that focuses on economic, environmental and social responsibility. 


GSI 'Joy' boxes bring essentials to children

Gemological Science International has partnered with charitable organization Each One Teach One to launch the “Joy Box” campaign, which will provide children in Mumbai with essential daily items.


Gemfields’ first ruby auction nets $34M

Gemfields announced Wednesday that its first auction featuring high- and low-quality ruby and corundum from the Montepuez mine in Mozambique realized $33.5 million. 


Gemstone collection notches 9 world records

The Ophir Collection, which contains 40 of the world’s largest minerals, holds Guinness World Records in nine categories, including the largest faceted sapphire, cut brown sapphire and cut serendibite. 


AGA now accepting nominations for Bonanno award

The Accredited Gemologists Association is seeking nominations for its 2015 Antonio C. Bonanno Excellence in Gemology Award, which recognizes major contributions made in the field of gemology. 


Chain of custody challenges for colored gems

Gemologist Edward Boehm details efforts being made worldwide to improve the lives of small-scale, or artisanal, colored gemstone miners, including a project he helped with in Madagascar. 


Gemfields introduces pieces for the mid-market

Gemfields just announced that Select Jewelry Inc., a Queens, N.Y.-based jewelry design and manufacturing company, will distribute jewelry set with its gemstones to select specialty jewelers and big-box retailers in North America and Canada. 


50 percent of lots sell for Gemfields in India

Colored gemstone miner Gemfields PLC announced that it sold half of the lots offered at its auction of traded rough emeralds held in Jaipur, with the sale totaling $13.5 million, a 59 percent increased as compared with the same sale last fall.


Gemfields, jewelers helping underprivileged girls

Gemfields has partnered with 10 jewelers and charitable organization Nanhi Kali to launch a jewelry-related project that will help support underprivileged girls in India. 


Gemfields production at Kagem mine falls 45 percent

Precious gemstone miner Gemfields reported Friday that production of emerald and beryl at its Kagem mine in Zambia was 3.6 million carats in the third quarter, down from 6.5 million carats in the prior-year period. 


Rare mineral specimens to go up on the block

A number of mineral specimens from estate sources will be up for sale at Bonhams “Gems, Minerals, Lapidary Works of Art and Natural History” auction scheduled to take place on May 20 in Los Angeles.


Red Sox’s World Series rings are gem-laden

Boston Red Sox players received their 2013 World Series rings last Friday, which are set with 126 diamonds, 16 custom-cut sapphires and nine custom-cut rubies.


Gübelin Lab opens entry for research scholarship

The Gübelin Gem Lab is accepting applicants for its newly established Dr. Eduard Gübelin Research Scholarship, an annual grant that will be allocated to an innovative research project in the field of gemology. 


Csarite becomes part of the National Gem Collection

Two large, rare color-changing csarite gemstones are now in the Smithsonian Institution’s National Gem Collection, thanks to a donation from Milenyum Mining Ltd.


Co. awarded license to mine rubies in Greenland

The government of Greenland has given Canada’s True North Gems Inc. an exclusive 30-year mining license for the Aappaluttoq ruby deposit in Greenland.


Gemfields emerald, beryl auction nets $36M

Gemfields’ recent auction of predominantly higher quality rough emerald and beryl in Lusaka realized $36.5 million, a company record for any auction. 


Trends from Tucson: Cool colors dominate

The most in-demand stones and colors during the annual Tucson gem shows can set the tone for the year, or even years, to come. So, what was popular this year? Colors on the cooler end of the spectrum were one of the trends spotted at the shows. 


AGTA GemFair buyer traffic up 3 percent

The American Gem Trade Association reports that the 2014 AGTA GemFair Tucson saw a 3 percent increase in buyer traffic from 2013. 


For new campaign, Gemfields roughs it

Gemfields has a new advertising campaign and emerald-focused tome, and the colored gemstone miner celebrated both amid the snow Monday at the St. Regis Hotel in New York City.


JVC to hold compliance seminar in Tucson

The Jewelers Vigilance Committee will host a seminar at the AGTA GemFair in Tucson on Thursday to give an update on compliance topics relevant to jewelers and the industry at large.


AGL performing on-site testing in Tucson

American Gemological Laboratories (AGL) will conduct on-site testing of colored stones for identification, enhancement and origin at the upcoming American Gem Trade Association GemFair.


Fabergé brings scavenger-style egg hunt to NYC

This spring, Fabergé will introduce its Big Egg Hunt in the Big Apple, scattering almost 300 handcrafted eggs across the city and leading participants on a weeks-long scavenger hunt. 


Designer Courtney brings csarite to the US

Designer Erica Courtney’s eponymous jewelry company has launched a new division that focuses on collectible and rare gemstones and as part of the launch will be the only authorized distributor of the gemstone csarite in the United States.


GIA enhances offerings at Tucson shows

The Gemological Institute of America has announced that it will offer special laboratory services, gem and jewelry seminars and classes during the annual gem shows next month. 


GIA working with Bahrain on natural pearl research

The Gemological Institute of America announced Thursday that it is partnering with the Bahrain Ministry of Industry and Commerce and the Bahrain Economic Development Board to develop the country’s Gemstone and Pearl Testing Laboratory (GPTLB) into a leading research center for natural pearls. 


AGTA to hold its first charity run in Tucson

The American Gem Trade Association (AGTA) has announced its first Coyote Classic 5K run, which will take place amid the GemFair events in Tucson next month in lieu of the golf tournament.


Museum to host turquoise jewelry exhibition

An exhibition highlighting Southwestern turquoise jewelry will be on display at the Museum of Indian Arts and Culture in Santa Fe beginning April 13.


Spinel: The hot “new” gem with an ancient heritage

Spinels are growing in popularity but supply remains inconsistent, pushing prices skyward. Graduate Gemologist (G.G.) Edward Boehm advises buying them now, as prices only will continue to climb. 


Physicist John Emmett named Bonanno Award winner

The Accredited Gemologists Association (AGA) has chosen Dr. John Emmett, who is considered the world’s foremost expert on corundum treatments, as the recipient of the 2014 Antonio C. Bonanno Award for Excellence in Gemology.


‘Live at the Bench’ sessions return to GemFair

MJSA again will sponsor “Live at the Bench” demonstrations at the 2014 American Gem Trade Association GemFair Tucson, scheduled for Feb. 4 to 9 at the Tucson Convention Center.


Appraisal conference in Tucson slated for Feb. 2-3

The National Association of Jewelry Appraisers (NAJA) has announced the lineup for its 41st annual Winter ACE It Education Conference, to be held in Tucson on Feb. 2 and 3.


Gemfields beryl, emerald auction totals $16M

Gemfields’ auction of predominantly lower-quality rough emerald and beryl in Lusaka realized $16.4 million, a company record for lower-grade auctions. 


Jewelmer asking for donations for typhoon victims

Pearl company Jewelmer reports that the majority of its infrastructure was damaged in Typhoon Yolanda/Haiyan and will have to be rebuilt at a “considerable expense.”


Sales, profits fall in fiscal 2013 for Gemfields

Colored gemstone miner Gemfields PLC saw both sales and profits decline this fiscal year, a year in which it held one less auction due to its issues with the Zambian government. 


GIA research expedition nets 700-plus natural pearls

Gemological Institute of America (GIA) researchers from Thailand, along with representatives from the Paspaley Pearling Company, recently conducted an expedition to Australia’s wild pearl oyster beds that resulted in a number of successful natural pearl finds, the two organizations said. 


Prospectors turn up again on the Weather Channel

The second season of The Weather Channel series Prospectors, a reality television show that follows the endeavors of gemstone miners in Colorado, returns at the end of the month.


Lab introduces origin determination for pearls

 The Swiss Gemmological Institute SSEF announced recently that they’ve mastered the extraction of oyster DNA, allowing them to trace pearls to their various origins.


Gemfields India auction hits price-per-carat high

Colored gemstone miner Gemfields PLC announced that its recent auction of traded rough emeralds held in Jaipur totaled $8.5 million. The sale also set a new price-per-carat record for the company.


TanzaniteOne names first Chinese sightholder

Chinese retailer Chow Tai Seng is now a TanzaniteOne sightholder, and will sell polished tanzanite stones through its 2,200 jewelry stores in the People’s Republic of China.


TanzaniteOne launches e-commerce site

Mining company TanzaniteOne is now selling its gemstones directly to consumers through a recently opened online boutique.