London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Meet the New Member of the Beryl Family, Johnkoivulaite
The new mineral species has been named in honor of renowned microscopist and researcher John Koivula.

A 1.16-carat crystal of the mineral now known as johnkoivulaite, named for renowned microscopist and GIA researcher John Koivula, was found in Myanmar’s Mogok Valley by local gemologist Nay Myo.
Koivula has more than 40 years of industry experience in research and photomicrography.
In 1986, he co-authored “Photoatlas of Inclusions in Gemstones” with Edward J. Gübelin, which followed with two more volumes.
Koivula also wrote “The Microworld of Diamonds” and co-authored “Geologica” with Robert Coenraads.
His contributions to gemology have earned him several industry awards and honors, including the American Gem Society’s Robert M. Shipley Award, the Accredited Gemologists Association’s Antonio C. Bonanno Award for Excellence in Gemology and GIA’s Richard T. Liddicoat Award for Distinguished Achievement.
He also won first place in Nikon’s Small World Photomicrographic competition in 1984.
“We are privileged to be able to name this mineral after John Koivula who has contributed so much to science and the gem and jewelry industry as a prominent gemologist and innovator in photomicrography,” said Tom Moses, executive vice president and chief laboratory and research officer at GIA.
“Discoveries such as this remind us of the importance of our mission-based research and of the numerous important contributions John has made in his more than four decades of scientific work.”
Johnkoivulaite has been accepted by the International Mineralogical Association as a new mineral species.
According to GIA, it has a hexagonal crystal structure similar to beryl and other members of the beryl group.
Standard gemological testing gave the mineral an RI of 1.608, with a birefringence too small to accurately measure, and a hardness of 7.5.
It has a strong pleochroism from deep violet to nearly colorless when observed with polarized light, GIA added.
The institute has a specimen of johnkoivulaite in its museum collection at its headquarters in Carlsbad, California, and GIA Senior Research Scientist Aaron Palke will present the new mineral at the Geological Society of America conference later this month in Phoenix.
The Latest

The workshop will give attendees the chance to try out and ask questions about three different diamond verification instruments.

The footage shows two of the jewelry heist suspects descending from the second floor of the museum and then escaping via scooter.

As the holiday season quickly approaches, consider stocking one category that sometimes gets overlooked: earrings.

Founder and designer Rosanna Fiedler looked to a vintage Cartier clutch when designing the sunlight-inspired drop earrings.


The luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.

The book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Alexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.

The superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.

Retailers should offer classic styles with a twist that are a perfect fit for layered looks, experts say.

The nearly 7-carat fancy vivid purplish pink diamond could sell for around $9 million.

Chief Artistic Officer Nathalie Verdeille has reimagined the iconic design in both figurative and abstract creations.

Five dollars buys one vote toward an industry professional you want to see dressed up as a hero, or a villain, this Halloween.

Recently acquired by KIL Promotions, the November edition of the public show in San Mateo, California, will be held Nov. 7-9.

The stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.

Hollywood glamour meets Milanese sophistication in the design of Pomellato’s new store in Beverly Hills, California.

The New York City store showcases a chandelier with 1,500 carats of lab-grown diamonds designed by an FIT student.

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

Making its auction debut, "The Glowing Rose" is expected to fetch $20 million at the November jewelry sale in Geneva.

They were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.

It took the masked thieves less than 10 minutes to steal eight irreplaceable jewels from two display cases in the museum’s Apollo Gallery.

Gemologist Lauren Gayda has previously worked at The Clear Cut, Taylor & Hart, and Effy Jewelry.

In 2026, the jewelry retailer will celebrate a milestone only a small percentage of family-owned businesses survive to see.

The new showcase dedicated to Italian jewelry design is set for Oct. 29-30.

Take a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.




















