SourcingOct 06, 2023
De Beers’ Rough Diamond Sales Dip to Pandemic LowsSourcingOct 13, 2023
Iridis to Hold Rough Tourmaline Auction
The mining company said the event is the first of its kind in the world.
Mining company Iridis has announced the “world’s first” auction of rough tourmalines is coming to Bangkok next month.
Zambia—Iridis, owner of the Jagoda tourmaline mine in Zambia, has announced it is holding an auction of rough tourmalines.
It’s scheduled for Nov. 21-24 in Bangkok.
Billed as the world’s first auction of rough tourmalines, the inaugural event will feature “the largest collection” of exceptional pink, green, and bi-color Zambian tourmaline.
The miner also said the auction will utilize the first tourmaline grading system for prospective buyers.
“We are excited to be showcasing some of the world’s finest rough tourmaline gemstones in Bangkok this November. This forthcoming auction is the culmination of 18 months of production from our Zambia operations, which will see these stunning gemstones in a first-of-its-kind grading system with 100 percent traceability,” said Iridis CEO Cyrille Djankoff.
Djankoff and Stephane Foucaud co-founded Iridis, a name derived from the Latin word for rainbow, iris.
In 2017, the company became the major shareholder in the Jagoda mine. It holds an initial license valid until November 2023, with the option to extend the license for 10 years.
When Jagoda “came on stream” in 1997, Iridis said, it was initially known for its exceptional pink tourmaline, but surveys by the Gemological Institute of America and others said it may become “one of the most important sources of tourmaline the world has ever known.”
The miner seeks to “redefine the gemstone industry through responsibly and reliably bringing tourmaline to the global market.”
The Zambian mine is the first colored gemstone mine to be “actively participating” in the standards laid out by The Initiative for Responsible Mining Assurance (IRMA), according to Iridis.
For information on attending the auction, contact kathy@bonasgroup.com or visit Iridis’ website.
Related stories will be right here …
It’s scheduled for Nov. 21-24 in Bangkok.
Billed as the world’s first auction of rough tourmalines, the inaugural event will feature “the largest collection” of exceptional pink, green, and bi-color Zambian tourmaline.
The miner also said the auction will utilize the first tourmaline grading system for prospective buyers.
“We are excited to be showcasing some of the world’s finest rough tourmaline gemstones in Bangkok this November. This forthcoming auction is the culmination of 18 months of production from our Zambia operations, which will see these stunning gemstones in a first-of-its-kind grading system with 100 percent traceability,” said Iridis CEO Cyrille Djankoff.
Djankoff and Stephane Foucaud co-founded Iridis, a name derived from the Latin word for rainbow, iris.
In 2017, the company became the major shareholder in the Jagoda mine. It holds an initial license valid until November 2023, with the option to extend the license for 10 years.
When Jagoda “came on stream” in 1997, Iridis said, it was initially known for its exceptional pink tourmaline, but surveys by the Gemological Institute of America and others said it may become “one of the most important sources of tourmaline the world has ever known.”
The miner seeks to “redefine the gemstone industry through responsibly and reliably bringing tourmaline to the global market.”
The Zambian mine is the first colored gemstone mine to be “actively participating” in the standards laid out by The Initiative for Responsible Mining Assurance (IRMA), according to Iridis.
For information on attending the auction, contact kathy@bonasgroup.com or visit Iridis’ website.
More on Sourcing
The Latest
MajorsDec 12, 2024
Mark Henry Appoints New Director of SalesCarrie Forman joins the brand to guide it into the next phase of growth with major and independent retailers in the U.S. and abroad.
AuctionsDec 12, 2024
Tom Brady’s Watches Top $4M at Sotheby’s AuctionThe highest-grossing lot of the sale was the retired QB’s Rolex Paul Newman Daytona “John Player Special.”
CollectionsDec 12, 2024
The Jared Atelier x Vera Wang Collection Emphasizes EleganceThe high jewelry collection features 14 one-of-a-kind pieces, with serpent and ribbon motifs winding their way through the collection.
Brought to you by
Advocacy and Excellence: How Jewelers of America Is Committed to Elevating Our Industry For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.
CrimeDec 11, 2024
Former Tiffany & Co. Factory Supervisor Sentenced for Stealing Precious Metals A federal judge gave Benjamin Preacher 59 days in jail, plus 10 months of home confinement and two years of supervised release.
Weekly QuizDec 05, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
GradingDec 11, 2024
IGI Set to Go Public Next WeekIn a CNBC interview, CEO Tehmasp Printer discussed the IPO in India and what declining lab-grown diamond prices mean for the company.
AuctionsDec 11, 2024
Sotheby’s Important Watches Sale Fetches $16.6MThe offering included vintage Rolexes, timepieces worn in “Titanic,” Steve McQueen's watch, and a special Citizen pocket watch.
Brought to you by
Protecting Your Sparkle: Why Screening Has Become Essential While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.
CollectionsDec 11, 2024
Stephanie Gottlieb Brings Natural Diamonds to StudsThe 13-piece “Stephanie Gottlieb x Studs” collection is the piercing studio’s first fine jewelry offering to feature the gemstone.
IndependentsDec 10, 2024
Sauer Opens First U.S. StoreThe Brazilian jewelry brand made a home on New York City’s Madison Avenue with exclusive pieces only available at the location.
SurveysDec 10, 2024
Jewelry Among Top Sellers on Cyber Monday, Says AdobeAn Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.
Events & AwardsDec 10, 2024
AGTA Launches Scholarship for University of Arizona Geosciences StudentsThe inaugural Dick Greenwood Memorial Scholarship in Gems Science will cover the fall 2025 and spring 2026 semesters.
Events & AwardsDec 10, 2024
JA New York To Debut 2 New Pavilions at Spring 2025 ShowA Piazza Italia pavilion will feature Italian designers and manufacturers while “MJSA Showcase” brings over a piece of the MJSA Expo.
CollectionsDec 09, 2024
Ray Griffiths’ First Coffee Table Book Spans 5 Decades of Design“Ray Griffiths: The Works” tells the story of the master jeweler’s career, which started with an apprenticeship in Australia at age 15.
MajorsDec 09, 2024
Thomas Davis, Grant Mobley Join WJA Foundation Board Davis is the director of business development at Select Jewelry Inc., and Mobley is the jewelry and watch editor at the Natural Diamond Council.
FinancialsDec 09, 2024
Movado’s Q3 Sales Down 3% Amid ‘Challenging’ EnvironmentThe retailer has been upping its marketing spend to drive revenue growth and brand awareness.
IndependentsDec 06, 2024
After 44 Years in Business, This Wisconsin Independent Is ClosingMike Straub and John Treiber opened Treiber & Straub in 1980 with the goal of bringing Milwaukeeans the best jewelry brands.
TrendsDec 06, 2024
Pantone’s Color of the Year Is a Delicious MousseThe color for 2025, “Mocha Mousse,” embodies thoughtful indulgences and everyday pleasures.
CollectionsDec 06, 2024
Piece of the Week: Cocoerow Fine Jewelry’s ‘Kokoro’ PendantThe Yoruba word for ant, “Kokoro” embodies the strength of womanhood in ant society while highlighting responsible sourcing.
FinancialsDec 06, 2024
Roberto Coin Acquisition Gives Watches of Switzerland a Boost in H1The retailer’s jewelry sales doubled, with branded jewelry performing especially well.
FinancialsDec 05, 2024
Signet Jewelers’ Q3 Sales Slide Amid Slow Engagement Ring Sales, Tech IssuesThe jewelry retailer addressed the lab-grown diamond “disruption,” the price of gold, and its holiday weekend performance.
SurveysDec 05, 2024
Consumer Confidence Rises Again in NovemberA more positive view of the current labor market boosted the Conference Board’s index last month.
Events & AwardsDec 05, 2024
Michael S. Krzemnicki to Receive 2024 Bonanno AwardThe director of the Swiss Gemmological Institute (SSEF) will be honored for his impact on gemology and dedication to advancing the science.
Supplier BulletinDec 05, 2024
Join Us For Color's Premier Show: 2025 AGTA GemFair TucsonSponsored by 2025 AGTA GemFair Tucson
Events & AwardsDec 05, 2024
BIJC Announces 2024 ‘Rock the Jewels’ Awards WinnersAt the annual event, in its second year, the organization honored those making remarkable contributions to the jewelry industry.
TrendsDec 05, 2024
Amanda’s Style File: A Blue, Blue, Blue Month Celebrate December babies with 20 pieces of jewelry featuring this month’s birthstones—turquoise, tanzanite, and zircon.
SurveysDec 04, 2024
In-Store Shopping Outpaced Online Over the Holiday Weekend, Says NRF A total of 126 million consumers shopped in stores over the five-day period, about 5 million more than last year.
