London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Gemfields Finds 5,655-Carat Emerald
The mining company has named the gemstone “Inkalamu” in honor of its conservation partners.

London—Gemfields recovered a 5,655-carat rough emerald from its Kagem mine in Zambia earlier this month, the colored gemstone miner announced Monday.
Geologist Debapriya Rakshit and veteran emerald miner Richard Kapeta discovered the emerald in the eastern part of Kagem’s largest open-pit mine on Oct. 2.
Gemfields said this area of the mine has proven to be “particularly fertile” in recent months, with the Kagem team recovering a number of significant crystals there.
The colored stone miner has dubbed the gem “Inkalamu,” or the Lion Emerald, in honor of the work carried out by conservation partners the Zambian Carnivore Programme and the Niassa Carnivore Project, which work to conserve Africa’s carnivores while also working with the local communities.
Gemfields said it will donate 10 percent of the proceeds of the sale of Inkalamu to the two organizations.
The giant gemstone, described as having “remarkable clarity and a perfectly balanced golden green hue,” will be included in its emerald auction next month in Singapore.
The company said in a statement that it was difficult to estimate how much Inkalamu will ultimately sell for, as well as how many individual gems will be cut from the rough stone, noting only that it expects “a number of large, fine-quality emeralds to be borne of the Inkalamu crystal.”
But the stone has been tagged with Gübelin Gem Lab’s “Provenance Proof” nanotechnology, in which nano-sized particles encoded with the mine of origin will allow for proof of origin in the future.
Gemfields, which only gives names to the rarest rough gemstones, last named an emerald in 2010 when it unveiled the “Insofu,” or “elephant,” emerald.
The Latest

The workshop will give attendees the chance to try out and ask questions about three different diamond verification instruments.

The footage shows two of the jewelry heist suspects descending from the second floor of the museum and then escaping via scooter.

As the holiday season quickly approaches, consider stocking one category that sometimes gets overlooked: earrings.

Founder and designer Rosanna Fiedler looked to a vintage Cartier clutch when designing the sunlight-inspired drop earrings.


The luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.

The book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Alexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.

The superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.

Retailers should offer classic styles with a twist that are a perfect fit for layered looks, experts say.

The nearly 7-carat fancy vivid purplish pink diamond could sell for around $9 million.

Chief Artistic Officer Nathalie Verdeille has reimagined the iconic design in both figurative and abstract creations.

Five dollars buys one vote toward an industry professional you want to see dressed up as a hero, or a villain, this Halloween.

Recently acquired by KIL Promotions, the November edition of the public show in San Mateo, California, will be held Nov. 7-9.

The stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.

Hollywood glamour meets Milanese sophistication in the design of Pomellato’s new store in Beverly Hills, California.

The New York City store showcases a chandelier with 1,500 carats of lab-grown diamonds designed by an FIT student.

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

Making its auction debut, "The Glowing Rose" is expected to fetch $20 million at the November jewelry sale in Geneva.

They were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.

It took the masked thieves less than 10 minutes to steal eight irreplaceable jewels from two display cases in the museum’s Apollo Gallery.

Gemologist Lauren Gayda has previously worked at The Clear Cut, Taylor & Hart, and Effy Jewelry.

In 2026, the jewelry retailer will celebrate a milestone only a small percentage of family-owned businesses survive to see.

The new showcase dedicated to Italian jewelry design is set for Oct. 29-30.

Take a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.




















