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Industry News

U.S. Keeps Myanmar Sanctions in Place on Gemstones

Myanmar's Ministry of Mining says new gem mining permits in Mogoke, Mineshu and Nanyar Sate will be issued at a price of $1,167 per gem mining block. Meanwhile, permits for jade mine blocks that expired during January, February and March will be renewed.

 

Scientists Believe Discovery Shows Viking Sailors Used 'Sunstones' to Navigate

Although it has long been recounted that Viking sailors made use of special "sunstones" to navigate their ships when clouds covered the skies, no evidence has ever been uncovered to suggest that they actually existed. Until now, that is.

 

Sotheby's Sells Gem-Set Magpie's Treasure Nest Clock in Hong Kong for $2.3 million

A standing clock made by luxury timepiece maker Patek Philippe and set with a huge multitude of gems was sold at a Sotheby's auction in Hong Kong for $2.3 million. Going by the name: the Magpie's Treasure Nest Clock, the clock is 52 centimeters high and weighs more than 15 kilograms.

 

Precious opals in Australia may shed light on the origin of the surface of Mars

Could gemstones provide evidence of the origin of the geology of the Earth and of Mars? That may be the case, according to work by researchers in the United States and Australia.

 

EU releases Kimberley Process Certificate numbers of diamond stolen in the Brussels airport robbery

The European Union has released the Kimberley Process certificate numbers for parcels of rough diamonds that were stolen by gunmen from the hold of a Swiss-bound aircraft at Brussels International Airport on February 18.

The EU and the World Diamond Council are urging members of the trade who may be offered diamonds carrying these associated KP certificate numbers to immediately contact the authorities in their countries, and report the possibility of stolen merchandise being located in their jurisdiction.

The following Kimberley Process certificate numbers are associated with parcels of rough diamonds stolen in the heist:

KIMBERLEY PROCESS CERTIFICATE NUMBERS

EU00503581

EU00503640

EU00503673

EU00503589

EU00503644

EU00503674

EU00503613

EU00503649

EU00503676

EU00503619

EU00503650

EU00503678

EU00503620

EU00503654

EU00503683

EU00503623

EU00503657

EU00503684

EU00503626

EU00503669

EU00503685

EU00503634

EU00503670

EU00503687

EU00503637

EU00503671

EU00503673

 

Color earrings and rings shine at Grammys

New York--Unique rings, diamond-studded drop earrings and bright colors were the major jewelry trends spotted on the red carpet at the 55th Annual Grammy Awards, held Sunday night in Las Vegas. read more...

 
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