In our newsletter this month:The Future of Gemstones
Gemstones, like oil, are not a renewable resource. At some time in the future, virtually all the world's accessible gem-quality material will have been mined, and gem dealers will be trading in second hand or synthetic gems. That's certainly not a happy thought. But how quickly are the world's gemstone resources being depleted?
In the developed world where more sophisticated technology is available, gemstone production is definitely declining. In the USA, for example, the production of natural gemstones fell 25% from 2000 to 2004. To a large degree, this is the result of the high cost of mining the remaining material. This has happened in Australia as well, where many of the biggest sapphire mines have shut down because of the high cost of mining there.
In the developing world, many famous mining regions have been almost entirely worked out. In our October 2006 newsletter, we told the story of ruby and sapphire mining in our home province of Chanthaburi, Thailand. These days there is only one small functioning mine left in the province, though many dealers here speculate that large sapphire deposits remain undiscovered in the military buffer zone along the border with Cambodia.
Many of the world's colored gemstone mines are in troubled places - Burma, Pakistan, Kenya, Afghanistan, Columbia - and this affects the rate at which supplies are depleted. In addition, in the developing world most mining is still "artisanal". In Africa, the vast majority of colored gemstone mining is done by independent, small-scale miners, working in remote locations. Gem mining in Southeast Asia continues to use primitive methods which cannot be scaled up when demand increases. In any case, most deposits are too small to exploit economically with heavy equipment.
In Sri Lanka, there are more than 5,000 registered colored gemstone mining locations on the island. The majority of these pits measure no more than three by three meters, and go down to a maximum depth of 25 meters. Colored gemstone mining is so labor intensive that over 500,000 people in Madagascar are estimated to be involved in the gemstone sector, despite the fact that Madagascar became an important gemstone source only in the 1990s.
While most colored gemstone mining worldwide is highly distributed and small scale, a notable exception is in South America. Amethyst, citrine, and ametrine are produced at the Anah Mine, which is located in Eastern Bolivia in the province of Santa Cruz. This mine is known for the volume and uniform quality of its gemstones and is the only known deposit of ametrine. In 2005, the mine produced a total of 11 million cut stones in a variety of grades and sizes. This included six million carats of amethyst, three million carats of ametrine, and two million carats of citrine. But this is not sustainable. The output at the mine has decreased in the last year, and dealers are reporting a shortage of high quality amethyst rough, as well as ametrine.
In our own business we see many signs of declining production - smaller gemstones, lower quality, more treated stones and higher prices. We have to work harder to find the gems we want at the prices we are willing to pay. One only has to look at the skyrocketing prices and dwindling supply of a gemstone like tanzanite to get a sense of how scarce many gemstones may become in the future. In 10 years, we may well look back at today and marvel at the abundance of fine material at affordable prices.New in Gems
We have been busy rebuilding our stock after a very busy holiday season. Our buyers have been busy finding the best value gems for our customers, and we are adding new gems to our website every day. Here are the latest. Click on the gem names to view the latest samples.
Beginning this month, our staff will select some of their favorite gemstones from our inventory. Click on the photos to go to the product page for the item.
Gemstones Worth Knowing
Each month we focus on one of the lesser known gemstones. This month's featured stone is prehnite.
Prehnite was once a very obscure and rare gemstone. But new deposits have made this very interesting mineral more widely available. Prehnite is a form of calcium aluminum silicate with a vitreous to pearly luster. It has a hardness rating of 6 to 6.5. It was first discovered in South Africa by Colonel Hendrik Von Prehn, an early Dutch governor of the Cape of Good Hope Colony. An interesting bit of gem trivia is that prehnite was actually the first mineral to be named after a person.
Prehnite is typically found in yellow-green or brown-yellow, and though it is translucent, it is cut in many ways - faceted, en cabochon and carved. Click on the link to see more prehnite samples.Customer Questions
Every month we answer questions of general interest from our customers. Please feel free to send your questions to firstname.lastname@example.org, with "newsletter question" in the subject line.
This month we have some interesting questions about gem faceting.
A final note - if you send us email, please be assured that we answer all our email very promptly, 6 days a week. But we sometimes have problems with spam filters on the receiving end, so please adjust the settings on your email account so you can receive mail from email@example.com.
Happy gem hunting!
Your friends at GemSelect
- First Published: February-01-2007
- Last Updated: October-21-2014
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