Sourcing

Part of the Red Beryl Mine Is Producing Again, One Owner Says

SourcingJan 13, 2022

Part of the Red Beryl Mine Is Producing Again, One Owner Says

Red Emerald Inc., which is under new ownership, started mining at the Utah site last spring.

Beaver County, Utah—Part of the renowned Ruby Violet (or Red Beryl) mine in Beaver County, Utah is producing again. 

According to a minerals specialist at the U.S. Bureau of Land Management’s Cedar City Field office, the mine property is split between two owners, only one of whom has a current approved permit to mine. 

That owner is Red Emerald Inc., which recently changed ownership. 

 Related stories will be right here … 

Denise Knoeller and her husband, who is a silent partner, entered into a purchase agreement to become the new owners of Red Emerald Inc. and its claims at the mine.

Financial terms of the deal weren’t disclosed. It was effective Dec. 31, 2020 and included Red Emerald’s 37 claims in the upper portion of the mining site. 

The mining permit covers a little over 6 acres, according to BLM Cedar City. 

Red Emerald restarted production in spring 2021 to bring the rare gemstone to market again.

While the company has had to pause mining operations during the winter, they are expected to resume in late spring.

Since Red Emerald just started mining early last year, Knoeller told National Jeweler it’s too early to forecast production numbers or determine when and where they might sell the red beryl.

To give an idea of the gemstone’s rarity, though, the Utah Geological Survey estimates that one red beryl crystal is found for every 150,000 diamonds. 

The gemstone is a 7.5-8 on the Mohs hardness scale and almost always has inclusions, falling under GIA Clarity Grade Type III along with emerald.

According to GIA, the Ruby Violet (or Red Beryl) mine in the Wah Wah Mountains of Utah is the only known commercial source of gem-quality red beryl in the world. 

The other owner of the mine is Red Beryl Inc., comprised of the heirs of the Rex Harris estate; Harris and his family mined red beryl at the site on and off for more than two decades.

They still hold nine claims at the mine but haven’t operated at their portion since 2002, according to BLM Cedar City, and don’t allow anyone onto the property. 
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

TrendsAug 05, 2022
Piece of the Week: Storrow Jewelry’s ‘Emblem Rosa’ Charm

The brand has attracted attention for its colorful, vintage-inspired pieces.

MajorsAug 05, 2022
Former Nike Executive Joins Team at David Yurman

Marcelo Tau is the company’s new chief operations officer.

Policies & IssuesAug 05, 2022
Satta Matturi Joins RJC Board

The jewelry designer founded her eponymous brand in 2015 after nearly two decades in the diamond industry.

Brought to you by
The American Mined™ Collection: Ethical Sourcing That Matters

Rio Grande provides a pathway to responsibly sourced gemstones.

Supplier BulletinAug 04, 2022
Unusual Jewelry Finds Eager Buyers In Online Auctions

Sponsored by HiBid

Weekly QuizAug 04, 2022
This Week’s Quiz
Test your knowledge of the latest jewelry news with this quick test.
Take the Quiz
WatchesAug 04, 2022
4 Takeaways from Chrono24’s Analysis of the Luxury Watch Market

The watch seller comments on future demand, how the crypto crash impacted Rolex and Patek Philippe pricing, the supply recovery, and more.

CollectionsAug 04, 2022
The Rest of De Beers’ 2022 High Jewelry Collection Is Here

It features fives sets of jewelry.

Brought to you by
Knowledge and Skills for Today’s Hot Topics

From laboratory-grown diamonds to design to country-of-origin, GIA's Alumni Collective™ has a seminar to suite your needs.

Lab-GrownAug 04, 2022
Lab-Grown Diamond Co. Plasmability Partners with HRA Group

Through the collaboration, HRA will exclusively cut, polish, and distribute Plasmability’s lab-grown diamonds in the market.

IndependentsAug 04, 2022
TJA to Offer ‘Texas Tours’ at Upcoming Round-Up Event

They include a tour of a museum’s gem collection and demonstrations of diamond cutting and polishing.

TechnologyAug 03, 2022
Tiffany Introduces CryptoPunk NFT Pendants

The limited-edition pendants, available in digital and physical form, retail for $50,000 and are exclusive to holders of CryptoPunks NFTs.

AuctionsAug 03, 2022
Elvis and Colonel Tom Parker’s ‘Lost’ Jewelry Coming to Auction

The sale includes pieces “The King” gifted to his longtime manager, as well as jewelry Elvis owned and wore on stage.

WatchesAug 03, 2022
Breitling’s Latest Ambassador Is an NFL Star

Trevor Lawrence is the quarterback for the Jacksonville Jaguars.

IndependentsAug 03, 2022
Day’s Jewelers Announces New VP of Merchandising

Julie Collins succeeds Kathy Corey in the role.

ColumnistsAug 02, 2022
Why Passing on Lab-Grown Diamonds Might Be a Risky Bet

Retailers would be wise to embrace this growing segment of the market instead of shunning it, Peter Smith writes.

SourcingAug 02, 2022
AGTA Names John Ford as Its New CEO

He’s the owner of The Lightning Ridge Collection but will pivot to focus on his new role.

TrendsAug 02, 2022
Marvel Debuts Gem-Set Infinity Gauntlet

East Continental Gems provided more than 150 carats of gemstones for the project.

SurveysAug 02, 2022
Consumer Confidence Falls for Third Month in July

Rising prices and interest rate hikes are expected to weigh on consumer spending and economic growth over the next six months.

TrendsAug 01, 2022
Amanda’s Style File: Peridot That Pops

To kick off August, Amanda Gizzi is sharing jewelry featuring the month’s OG birthstone.

CrimeAug 01, 2022
Joseph DuMouchelle Sentenced to 12 Years Behind Bars in $12M Fraud

The Michigan auctioneer and appraiser also has to pay restitution totaling $25 million for other victims of his fraud scheme.

MajorsAug 01, 2022
GIA Appoints First Vice President of Sustainability Programs

Johanna Levy will oversee the environmental, social, and governance programs.

EditorsJul 29, 2022
The Jewelry Industry Remembers Castro: A Complicated, Magical Designer

Before his sudden death last week, the designer had reached new creative heights.

SourcingJul 29, 2022
De Beers Sales Rise 23% YOY in July

Despite unusually high summertime sales, the company’s CEO said the industry remains “watchful.”

MajorsJul 29, 2022
Jewelers of America Elects 4 New Directors to Board

Joseph Corey, Krystle Craycraft, Sue Hopeman, and Sherry Smith will each serve three-year terms on the board.

TrendsJul 29, 2022
Piece of the Week: Zahn-Z Jewelry’s ‘Gem Pop’ Ring

A lab-grown ruby makes the perfect nostalgic treat.

Supplier BulletinJul 28, 2022
Local Jewelry Dealers Use Online Auctions To Find Bidders Worldwide

Sponsored by HiBid

FinancialsJul 28, 2022
Boucheron, Pomellato Deliver ‘Very Solid’ Performances for Kering

Revenue for the group that includes Kering’s jewelry brands grew 32 percent in the first half of 2022.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy