The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.
T.I.A., Part 1: Shopping for Rough in Kenya
Associate Editor Brecken Branstrator reports live from East Africa, where she is exploring the colored gemstone market with a group from the industry.
And now that I’m here, traveling through Kenya and Tanzania after Roger graciously invited me along on this trip so I could experience this end of the gemstone market firsthand as he buys rough, visits mines, and establishes important relationships in the communities, the phrase is frequently being thrown around as we navigate our way through the local environment and happenings.
My travel companions on this adventure include Roger and his wife, Ginger; Nancy Schuring of Devon Fine Jewelry and her husband Joe Portale, both of whom are part of the Devon Foundation, which helps people in Africa involved in the gem trade; and another gemstone cutter, Dan Lynch.
After flying into the airport at Mount Kilimanjaro and spending a night in Marangu, Tanzania, the following day found us traveling to Kenya to begin our adventures.
This supplied the first of many new experiences for me, which was watching as two gemstone faceters look through rough to decide which stones, if any, they wanted to buy.
We went to the office of gemstone dealer and broker Gichuchu Okeno in Voi, Kenya. (Gemstone dealer and broker are just two of the many hats Okeno wears. He also has his own mine and is working to build the local gemstone market, especially as it relates to cutting in the country—more on both of those in a future blog post—as well as being quite possibly the best tour guide and most gracious host imaginable.)
The first thing that struck me as I watched Roger sift through parcel after parcel of stones was how quickly he was able to navigate through them.
As Roger was looking through rough, he explained the flaws that could rule out a stone immediately—factors like an unfavorable color, a size that wouldn’t yield a big enough stone to sell, and of course, the presence of inclusions that could present problems when it comes time to facet the stone.
I sifted through amethyst, many different types of garnet, tourmaline and more, trying to see what they were seeing (and also lusting after almost every stone, regardless of whether or not it was of faceting quality).
There’s nothing quite like seeing the stones when they’re straight from the source and getting to understand what might take it to the next step in the market.
Stay tuned for more posts about our journey in Africa and the other sides of the gemstone market I’m seeing.
The Latest

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.


Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.

The museum’s new exhibition will feature one of Jesse Owen’s Olympic medals, Yogi Berra’s crown, Super Bowl rings, and more.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The new program provides access to media exposure and editorial opportunities for exhibitors and retailers.

The “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.

Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.

Lazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.

A portion of every engagement ring sold in its Austin showroom will support the care and preservation of Austin’s wildflowers and green spaces.

Their partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.

Respondents were concerned about the Middle East conflict and how it will impact their finances.

Our Piece of the Week, the “Butterfly” necklace, showcases a 7.02-carat oval diamond set between diamond, platinum, and 18-karat gold wings.

Smith uses a comment he overheard in the grocery store to remind retailers that their job is to inspire buying behavior, not just sell.

“A Girl SMR at Claire’s” celebrates girlhood through the five senses with stacked jewelry, slime toys, scented accessories, and ASMR.

Believed to be one of three made in 1987, the Cartier London Crash was hot at the “Shapes of Cartier” sale at Sotheby’s Hong Kong.

Officials are looking for a group that robbed Marc Robinson Jewelers at an outlet mall in Round Rock, Texas, in broad daylight on April 21.

Sponsored by OROAREZZO International Jewelry Exhibition

Some retailers are taking a nuanced approach to marketing what can be a difficult holiday for many.

The Edge has announced its new CEO, as well as a new partnership with an investment firm focused on founder-led software businesses.

De Beers’ diamond production was up 17 percent in Q1, boosted by increased output at its mines in South Africa and Canada.

A signet ring belonging to the Western film star of Hollywood’s Golden Age will be up for auction at Elmwood’s next month.

Importers can submit claims now to receive money back for the IEEPA tariffs they’ve paid, with refunds expected to take up to 90 days.

The owners of Gregory Jewelers in Morganton, North Carolina, are heading into retirement.























