Precious Stones and Metal Market News | Jeweler Industry Reports

Gemfields postpones sale in Singapore

Gemfields Plc has delayed its June sale in Singapore as it works to communicate with the Government of Zambia regarding its recent ban on emerald exports.

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Myanmar hosts first jewelry trade show

The first Myanmar International Gems & Jewellery Expo took place from May 9 to 12, marking a small opening into the jewelry trade in a nation that has been sanctioned by the United States for years.

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ICA names poster contest winners

Tatian Berenguer of New York is the winner of the International Colored Gemstone Association’s (ICA) annual poster competition. She was honored on May 16 in Changsha, China at the closing gala of the ICA 2013 congress.

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Zambia blocks Gemfields from exporting emeralds

Bloomberg reported Monday that the government of Zambia has barred mining company Gemfields Plc from exporting emeralds for its upcoming sale in Singapore, scheduled for June 10 to 14.

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Speaker lineup announced for ICA congress

The upcoming congress of the International Colored Gemstone Association (ICA) will feature more than 30 speakers covering a wide variety of topics.

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Bayco debuts 206-carat emerald at Baselworld

The gem described as mind-boggling in pre-Basel world press is just that: a 206.09-carat Colombian emerald of exceptional color and clarity, purchased by Bayco LLC from a private collector earlier this year.

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Officials from Tanzania to attend ICA Congress

Representatives from Tanzanian government will take part in the International Colored Gemstone Association (ICA) 2013 Congress, the association has announced.

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In Japan, GIA educates on colored diamonds

The Gemological Institute of America’s chief quality officer John King presented an update at the organization’s GemFest in Tokyo on April 11, providing insight into colored diamonds.

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Tracking system for gemstones in development

Members of the International Colored Gemstone Association (ICA) along with representatives from jewelry brands, gem labs and the world’s largest producing countries are working on an initiative to trace colored gemstones from mine to market.

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Survey Close-up: For color, it’s about education

For the majority of retailers, sales of colored stone jewelry increased slightly or stayed the same over the holiday season, according to the results of National Jeweler’s 2012 year-end survey.

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Zambia mulling ban on outside sales of gemstones

Miner Gemfields plc said its ability to sell emeralds and amethysts from its mines in Zambia may be limited as the government there considers enacting new regulations that would keep gemstone sales inside the country.

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GIA videos explore sourcing, Art Nouveau design

The Gemological Institute of America has produced two new educational videos. One shares the adventures of sourcing gemstones and the other delves into the Art Nouveau motif in jewelry design.

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Bayco to unveil ‘mind-boggling’ gem in Basel

Bayco Jewels, a New York-based company, said it will be revealing “one of the most precious gemstones to ever exist” at Baselworld this year but is staying mum on the details until the gem’s scheduled presentation on April 25.

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Award-winning tourmaline heads to Smithsonian

The Smithsonian museum in Washington is adding a 14.24-carat Nigerian red tourmaline cut by Custom Cut Gems to its permanent collection.

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Prices for certain colored stones keep climbing

Demand continues to push up the price of colored gemstones deemed desirable in emerging economies, forcing some dealers to turn to other stones, or sources, in order to be able to sell at a profit.

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2013 GemFair best in several years, AGTA says

The American Gem Trade Association reported a 1 percent increase in unique buyers at this year’s GemFair but noted that those buyers stayed longer and spent more than in recent years.

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Actress Mila Kunis is the new face of Gemfields

Gemstone miner Gemfields has a new global brand ambassador, and she just happens to be one of the hottest young actresses in Hollywood.

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Premiere of ‘Prospectors’ pushed to late March

The Weather Channel’s reality television series detailing the lives of gemstone miners in Colorado is not ready to come out of the ground quite yet.

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Gemfields completes Fabergé acquisition

Gemstone miner Gemfields plc’s acquisition of Fabergé, the fine jewelry house founded in Russia in the 1800s and famous for its intricate, jewel-encrusted eggs, has closed.

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MJSA announces ‘At the Bench’ GemFair schedule

The “At the Bench Live” demonstrations from MJSA will return at the American Gem Trade Association’s (AGTA) upcoming GemFair in Tucson, offering sessions on graving, pavé and finishing techniques, among other topics.

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Stuller to distribute patented sapphires

Stuller Inc. has inked a deal with Los Angeles-based manufacturer Quadamas to distribute a new line of patented Asscher Cut Princess sapphires, the two companies announced recently.

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Deadline for ICA poster contest approaching

The International Colored Gemstone Association’s (ICA) seventh poster contest is drawing to a close, with winners receiving a cash prize and the chance to have their artwork on display in ICA promotional materials.

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Jerry Sisk, JTV co-founder, dies at 59

Gerald D. Sisk Jr., a graduate gemologist and one of the founders of Jewelry Television (JTV), died unexpectedly in his sleep on Sunday. He was 59.

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Matlins, Drucker elected to fellowship of the gems

Author, lecturer and consultant Antoinette Matlins and Gemworld International President Richard Drucker have been elected to the Fellowship of the Gemmological Association of Great Britain (FGA).

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GIA announces event lineup for Tucson shows

The Gemological Institute of America will offer a range of laboratory services and seminars during this year’s gem shows in Tucson.

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