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News

  1. Q1 Gold Jewellery Demand Soft, Says WGC
  2. Jewellery Buying Groups Formed New Global Alliance
  3. Singapore to Host Jewellery & Gem World 2022
  4. ‘Wonder Woman’ Gal Gadot Premiered in Tiffany’s 2022 High Jewellery Collection
  5. Christie’s to Auction ‘The Light of Africa’ for $18M in June
  6. New Board of Directors were elected to Jewellery Exporters Association of Turkey
  7. Oroarezzo back with Première Competition
  8. ‘De Beers Blue’ auctions US$57.5M at Sotheby’s
  9. CTF launches Mother’s Day collection
  10. Jewelers of America Announces The 2022 CASE Award Winners
  11. De Beers: Diamond Businesses Staying Cautious About Business Expectations
  12. Synthetic Alexandrite Pioneer David Patterson Dies at 89
  13. 205 CARAT FANCY INTENSE YELLOW DIAMOND GENEVA MAGNIFICENT JEWELS | 11 MAY 2022
  14. Rebecca Foerster Appointed As President of Hearts On Fire
  15. US Steps Up Sanctions Against Alrosa
  16. PGI Study Findings: Consumers Have Different Interpretations of Sustainability
  17. Irving Wong Appointed as Pandora’s General Manager For China
  18. Rolex’s 6 New Watches Unveiled at Watches & Wonders Geneva
  19. Sixième Sens par Cartier High Jewellery: Heteractis Ring
  20. Will Russian Diamond Ban Help Foster Lab-Grown Diamond Business?
  21. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  22. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  23. JEWELLERY GENEVA Takes Place between 30 March and 3 April 2022
  24. Christie’s Presents 228 carat White Dimond
  25. Gold Bar Integrity Programme to be Implemented
  26. Press Release: BONHAMS ANNOUNCES ACQUISITION OF BRUUN RASMUSSEN AUCTIONEERS – DENMARK’S LEADING AUCT
  27. Early Spring Fashion for Natural Diamonds
  28. Jennifer Garner Shines in De Beers Jewellers at the Premiere in New York
  29. To celebrate its 15th anniversary, “Cartier Women’s Initiative Impact Report”
  30. American Gem Trade Association Announces Partnership with JCK Show Again
  31. Chow Tai Fook and Canada's Mountain Province Diamonds Sign Supply Agreement
  32. Registration Is Open for 2022 JCK Show
  33. Alrosa Caught Up in U.S. Sanctions
  34. Tawhid Abdullah Receives Lifetime Achievement Award
  35. The Largest Blue Diamond Appears at Sotheby’s Auction
  36. Price Rise for Nearly 90% Of Fancy Colour Last Year
  37. Dickson Yewn’s Collectibles Given for Sotheby’s Charity Auction
  38. De Beers Boosts Production
  39. Watches & Wonders Geneva To Be Held In Hybrid Format
  40. Jewellery, Gem & Technology Dubai to Debut February
  41. Hong Kong Losing its Dominance as the World's Largest Watch Market
  42. Gift Guide for CNY
  43. Press Release: Sotheby’s Announces New Appointments To Luxury Team In ASsia
  44. Georg Jensen Becomes a Certified Member of RJC
  45. 555.55-carat Black Dimond Unveiled at Sotheby’s Auction
  46. GIA Appoints Anna Martin as SVP for Institute, Industry Relations
  47. Alrosa Boosts Direct Sales of Fancy Diamonds to Investors
  48. CIBJO General Assembly postponed to March 17 and 18, 2022
  49. 7,525 Carat Emerald Discovered
  50. Karl Lagerfeld Jewellery Collections to Shine
  51. Diamonds Travel To The Space
  52. Vicenzaoro January postponed to March
  53. America’s Youngest Jeweller Starts Business via Instagram
  54. Concerns over conflict gold arise again
  55. The 1st International Gemstone & Diamond Trade Summit Wraps Up in Macao
  56. The Knot’s Study:Over 30% of Respondents Say Natural Diamond Unimportant
  57. Pantone’s 2022 Colour of the Year: Very Peri
  58. Phillips Jewellery Auctions Fetch over HK$181 Million
  59. The World’s First Pure Gold Castle of Magical Dreams by CHOW TAI FOOK
  60. Jewellery Sales Jumped 78% During the Thanksgiving Holiday
  61. Gem Auctions DMCC’s Debut Auction Successful
  62. Cartier’s Christmas Tree Lights Up the City with Love and Hope
  63. Rediscovering Lacloche in Hong Kong
  64. Blue diamonds to lead Christie’s HK autumn sale
  65. JMA show to stage next Thursday
  66. HK auction to help Cambodian kids
  67. Basel fair cancelled again
  68. HKDI show to continue in Dec
  69. Gemfields sells 7,500-carat emerald for good
  70. Sustainability is key to diamond purchases, a report says
  71. Christie’s Geneva jewellery sale fetches CHF53.7m
  72. Cibjo forms working group on fei cui standards
  73. Only Watch raises CHF30m for DMD research
Read More...


HIGHLIGHT

  1. US market unfolds changes and potential
  2. The queen of gems, the gem of queens
  3. Classics return

Advertisement

  • Greenland ruby and diamond ring by Victor Velyan
  • Greenland ruby and diamond pendant and ring by Hartmann’s Jewellery
  • A Greenland ruby rough stone
  • Snow and ice covered Aappaluttoq

Ruby from the Arctic

On the world’s largest island, Greenland, an untouched dead lake has buried rubies and pink sapphires under snow and ice over two billion years. In 2005, geologists unearthed the significant ruby mineral in this fjords surrounded site nestled 155 miles south of Greenland’s capital Nuuk. Licensed by the Greenland government in 2016, Greenland Ruby is the only legal ruby and pink sapphire miner of the deposit named Aappaluttoq, meaning ‘red’ in Greenlandic, for 30 years. Greenland Ruby’s head office locates in the capital of Greenland while the sales and marketing division set in New York. The gemstones mine construction initiated in 2014 operated by LNS Greenland, a sister company of Greenland Ruby. Almost all miners are sourced from the country with some of them are local fishermen and hunters, who are all protected by local laws. Both companies are subsidiaries of Leonhard Nielsen and Sonner (LNS) group, a Norwegian family-owned group that handles mining contracts, road projects, bridges and tunnels in arctic regions. 

The raising star

Aappaluttoq is believed to be the oldest corundum deposit in the world that is twice as old as most of other deposits. The site is accessible only by boat and helicopter for three months in summer. Estimated to have 9-15 years operation life together with two newly identified neighbouring deposits, Greenlandic rubies and pink sapphires are expected to have an ample and steady supply of 87 million carats annually for about 40 years while 10 percent of the rough remains in the country for tourist and local market. 

Gemstones from different origins have distinctive hues and identifiable properties. Greenland Ruby’s gemstones vary in shades from deep and vibrant red, known in the industry as ‘pigeon’s blood’ to pale icy pink, which is regarded as pink sapphires. The company has considered introducing the hue as ‘Viking Red’. The gemstones are embedded in amphibolite host rock, the same deposit host from deposits in Mozambique, Tanzania and Madagascar and differ from rubies unearth from marble deposits in Burma, Vietnam, Afghanistan, Tajikistan and Pakistan and from basalt deposits in Cambodia and Thailand. 

The rough will be transported to Nuuk, where for removal of any host rock by hydrofluoric acid for 48 hours after a series of examination and classification done by a magnetic separator and an optical sorter. Polishing process takes place in Thailand and India at the moment. Greenland Ruby hopes to establish cutting and polishing operation in Greenland to support the local economy as well as a self-sufficient production line. All polished come with a certificate of origin authorised and issued by the government of Greenland, guaranteeing the origin, human rights record and environmental responsibility. They are trackable from mine to market as well. 

Values beyond profit

The firm values human rights, ethical, social, environmental and responsible practices. It has established the Pink Polar Bear Foundation, an initiative to donate a percentage of proceeds from its gemstone sales to international polar research in all disciplines, especially protecting the inhabitants (both animal and human) of Greenland, who are affected by climate change and accompanying cultural changes.

Bedazzling presence

Danish Hartmann’s Jewellery, one of the only three European retailers to claim the ‘Argyle Pink Select Atelier’ title, is the first ever brand to introduce jewellery features stones of red hues from Greenland Ruby. “Denmark has very close ties with Greenland because it is part of the Kingdom of Denmark. The fact that the Greenland ruby being our first real precious stone is important, I think many Scandinavian customers will be very interested in acquiring this beautiful and warm gemstone that has such a wonderful story to tell,” said the brand founder Ulrik Hartmann. The launched collection in 2018 composed of 50 pieces using approximately 300 carats of gems priced from US$1,500- $45,000 sold out in nine days on the market. 

Los Angeles jewellery designer Victor Velyan launched a collection in the last festive season. “The visual contrast of these deep, blood-red stones and the stark white glaciers under which they’re created filled me with inspiration. I knew I wanted to develop collections that feature these unique gems,” he explained his reason behind the selection. The collection comprises 10 to 12 pieces of earrings, rings and cuffs adorned with cabochon Greenland rubies and wreathed in diamonds. The artist plans to apply these gems from the ice-covered island to his future jewellery designs.  

Hayley Henning, the company vice president of sales and marketing said the firm will roll out sales and marketing strategy and search for like-minded partners who are into telling stories in the United States, Europe and Asia and Middle East. Greenland Ruby positions itself as one of the most influential suppliers of coloured gemstones in the 

market.

 

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