SourcingDec 02, 2022
Lucapa Sells 170-Carat Pink Diamond Unearthed This SummerSourcingJan 03, 2023
What You Should Know About the Company Mining in Yogo Again
Yogo Mine in Montana, which produces the popular Yogo sapphires, was dormant for nearly four decades.
Yogold USA is producing in the previously dormant Yogo Mine in Montana. Here is a shot of some of the company’s Yogo sapphire production, mostly rough and one faceted gem.
Yogo Gulch, Montana—The Yogo Mine in Montana is producing again, thanks to Yogold USA.
The mine, which produces the popular Yogo sapphires, was dormant for nearly four decades.
A few years ago, Yogold USA entered the arena. The mining company first entered into an exploration agreement, which ended December 31, 2022, and then it transitioned into a lease with an option to purchase.
Its lease and option consist of 1,563 acres of deeded ground, where the company is simultaneously engaged in commercial production and underground development as well as surface exploration, President Jerod Edington confirmed to National Jeweler.
There are two historic workings in the mine.
A British group conducted surface mining on top and eventually sunk a shaft to 250 feet underground.
The mine, which produces the popular Yogo sapphires, was dormant for nearly four decades.
A few years ago, Yogold USA entered the arena. The mining company first entered into an exploration agreement, which ended December 31, 2022, and then it transitioned into a lease with an option to purchase.
Its lease and option consist of 1,563 acres of deeded ground, where the company is simultaneously engaged in commercial production and underground development as well as surface exploration, President Jerod Edington confirmed to National Jeweler.
There are two historic workings in the mine.
A British group conducted surface mining on top and eventually sunk a shaft to 250 feet underground.
Yogold was surface mining for its first two seasons but went underground this year.
The company uses low profile underground excavators and hauling underground trucks, so right now they are producing about 75-100 tons of underground ore per day.
A group of Americans, meanwhile, went straight into the side of the mountain and back about 700 feet, essentially hand mining the whole way.
The Kunisaki Group then purchased the mine in the 1970s and drove a haulage way parallel to the American mine; the haulage way is approximately 3,000 feet long and is referred to as the “Kunisaki Tunnel,” Edington said.
The first two seasons Yogold operated the Yogo Mine—in 2020 and 2021—the company was doing only surface mining with the intent of eventually moving underground.
This season, Yogold opened the Kunisaki Tunnel and portions of the American mine, which run parallel to each other. The company is about 700 feet back in the Kunisaki Tunnel now.
The team is using low profile underground excavators and hauling underground trucks, so right now they are producing about 75-100 tons of underground ore per day and will increase production as demand for its Yogo sapphires dictates.
This year, they installed buildings at the site so they can mine and process all winter.
A sample of rough sapphires from the Yogo Mine
Yogold splits cutting up by size—the company has financed its own cutting facility in Colombo, Sri Lanka for the smaller stones (generally under 0.5 carats), and there are three master cutters in the U.S. that focus on the larger stones.
The company is also working with some lapidaries on fantasy cutting—GIA defines this as concave cuts made on the back of gemstones—for some of the thinner stones that wouldn’t necessarily make sense to facet traditionally and could see a higher yield with an alternate cut.
https://www.gia.edu/munsteiner-gem-cut
One thing Yogold would like to be more involved in next year is jewelry production, Edington said. They have custom-made a few pieces to test ideas and develop samples.
For right now, though, its focus is on the wholesale side.
And so far, Yogold has been able to sell everything it produced.
“The demand is substantial,” Edington said. “We can’t even come close to filling all the orders that we have right now. That’s a great position to be in.”
More on Sourcing
The Latest
IndependentsMay 09, 2025
Lugano Diamonds CEO Resigns Amid Internal InvestigationMoti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
CollectionsMay 09, 2025
Pieces of the Week: Marie Lichtenberg’s Collaborations for Mother’s DayLichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.
CrimeMay 08, 2025
Former NYC Jewelry Store Employee Arrested in 2017 Choking Death of Boss Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.
Brought to you by
Las Vegas Antique Jewelry & Watch Show: Showcasing the Most Collectible Merchandise from Across the GlobeGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
EditorsMay 08, 2025
5 ‘Superfine’ Met Gala Jewelry MomentsAssociate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.
Weekly QuizMay 08, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Supplier BulletinMay 08, 2025
Instappraise Introduces Game-Changing Trifold Appraisal FormatSponsored by Instappraise
FinancialsMay 08, 2025
Brilliant Earth Notes an Uptick in Engagement Ring Sales in Q1CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.
Brought to you by
Watch: The Winston Red: GIA Examines the Smithsonian’s Newest AdditionSupplier Spotlight Sponsored by GIA
IndependentsMay 08, 2025
Margot McKinney Lands in the U.S. With New BoutiqueThe brand’s first independent location outside of Australia has opened in Beverly Hills, California.
IndependentsMay 08, 2025
Verragio Announces New Regional Sales ManagerCathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.
FinancialsMay 07, 2025
Pandora Posts Strong Q1, Plans for TariffsThe company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.
ColumnistsMay 07, 2025
The Smart Lab: Building a Seasonal Marketing Strategy for Mother’s Day and BeyondConnecting with your customers throughout the year is key to a successful holiday marketing push.
TechnologyMay 07, 2025
Punchmark’s Latest Podcast Features a Very Special Guest National Jeweler Editor-in-Chief Michelle Graff joined Michael Burpoe to talk tariffs, consumer confidence, and the sky-high price of gold.
AuctionsMay 06, 2025
Harwell Godfrey Reimagines 10-Carat Blue Diamond for Met Gala-Ready BroochDesigner Lauren Harwell Godfrey made the piece as an homage to the 2025 gala’s theme, “Superfine: Tailoring Black Style.”
Events & AwardsMay 06, 2025
Here’s Who Made Jewelers of America’s New ‘20 Under 40’ ListExpanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.
IndependentsMay 06, 2025
Sissy's Log Cabin Opens New StoreLocated in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.
IndependentsMay 06, 2025
Gunderson’s Jewelers to Be Featured on ‘World’s Greatest’ TV SeriesThe episode about the family-owned jeweler will premiere May 17.
IndependentsMay 05, 2025
Zadok Jewelers Opens Store in AustinThe Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.
AuctionsMay 05, 2025
Nancy Astor’s Cartier Tiara Heads to AuctionThe turquoise and diamond tiara hasn’t been on the market since it was purchased by Lord Astor in 1930.
SourcingMay 05, 2025
Crater of Diamonds Yields 4-Carat Brown Diamond“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.
TrendsMay 02, 2025
Ring Concierge, Kraft Partner on Mother’s Day Macaroni Necklace The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.
CollectionsMay 02, 2025
Piece of the Week: Angely Martinez’s Emerald Promise RingSet with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.
MajorsMay 02, 2025
Stuller’s New Bridal Catalog Is Here“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.
SourcingMay 01, 2025
Tariffs & Colored Gemstones: Relying on Stock, Considering the Ripple EffectThough currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.
MajorsMay 01, 2025
Peek Inside David Yurman’s New Miami Flagship StoreLocated in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.
TrendsMay 01, 2025
Amanda’s Style File: 20 Pieces of Emerald Jewelry for MayMay babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.
MajorsMay 01, 2025
Jewelers of America Opens Applications for 2025 ScholarshipsThe deadline to apply for the Seymour & Evelyn Holtzman Bench Scholarship is June 12.
