The entrepreneur and “Shark Tank” star will share his top tips for success.
Why there are diamonds in Arkansas
Editor-in-Chief Michelle Graff explores the geologic origins of the diamonds found in The Natural State.
An amateur prospector from Colorado uncovered a beautiful 8.52-carat white rough diamond and the story, as Crater stories usually do, ranked among National Jeweler’s most-read articles for the week.
Whenever we cover discoveries like these at the Crater of Diamonds, two questions always come to mind for me.
Number one, why are there diamonds in Arkansas, and are there diamonds in any other part of the United States? And, number two, are people finding more diamonds in Arkansas recently or are diamond finds just getting more coverage?
To understand why there are diamonds in The Natural State, you have to go back about 300 million years, when the two tectonic plates we now call North and South America collided with each other.
The collision formed the Ouachita (pronounced wash-a-taw) mountain range, which is located just eight miles north of the park.
Now fast-forward about 200 million years, to 100 million years ago, and the site where the park is today blows a gasket, literally (as is common where the Earth’s tectonic plates have converged.)
Instability within the Earth’s mantle forced gas and rock to move toward the surface, and there was a volcanic eruption that blew an 83-acre, funnel-shaped hole into the Earth, Crater Park Interpreter Waymon Cox explained to me via a phone interview recently.
(In case anyone is wondering, he’s called an interpreter because it’s his job to relay, i.e., interpret, information about the park’s geology, history and on how to search for diamonds to visitors.)
Cox said many diamonds, which had been forming underground due to the heat and pressure, came up with eruption.
While many were destroyed in the blast, a fair number also survived, and that’s what visitors find today at the Crater.
So, have the last couple of years, which have their share of good-sized rough finds, been an unusually active time for the park?

Cox doesn’t answer with an overwhelming yes, saying only that diamond discoveries at the park come and go in waves, influenced by a couple different factors.
First, there is the weather. More rain brings more diamond finds, as it washes away dirt and makes stones easier to find.
Secondly, there are the crowds. One big diamond find seems to begat another, not because people have hit on a particularly rich vein at the site but because big finds get a lot of publicity, bringing more people out to search.
More people searching equals more people turning up diamonds.
The GIA’s Russ Shor, who visited the Crater of Diamonds back in the 1990s when he was a writer for JCK (current JCK Editor-in-Chief Victoria Gomelsky did so as well, much more recently), said diamonds also were found near Rocky Mountain National Park in Colorado in the ‘90s and, going back even farther, JCK reported on diamonds being discovered in Georgia in the 1890s (before National Jeweler even existed).
But, overall, there has never been a huge diamond discovery in the U.S.
Shor notes that kimberlite and lamproite pipes, the two types of pipes that carry diamonds, don’t have an equal distribution of the stones and, of those that do contain diamonds, a smaller percentage still contain an amount of diamonds that make mining worth it.
(Interesting side note: the pipe at the Crater of Diamonds is a lamproite pipe. Shor says the only other known lamproite deposit in the world is the Argyle mine in Australia.)
He also notes that kimberlite pipes often come in clusters, like with the Kimberley Mines in South Africa.
At the Crater of Diamonds, Cox says they did try to mine the site commercially from 1906, when diamonds were first found there, to the 1950s.
In the 1990s, when a man named Bill Clinton was governor, the state decided it was once and for all going to determine if it was a sitting on diamond deposit that was worth mining or not.
As you might have guessed, what the state found was that the site “wasn’t commercially viable,” Cox says.
And so a park it remains. Happy hunting.
The Latest

The Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.

The jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.

The “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.


Interior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.

During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.

The online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.

The opening marks the jewelry retailer’s first location in the Midwest.

The “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.

Robert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.

The announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.

The historic fancy vivid blue diamond set to headline Christie’s Geneva sale next month could sell for up to $50 million.

LVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.

The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”

The organization has reelected Kalpesh Jhaveri as president.

An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.

The collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.

Mari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.

GIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.

These earrings by Van Cleef & Arpels, featuring the same design as a pair worn by Princess Grace, are up for auction at Woolley & Wallis.

Two experts share how artificial intelligence tools can help retailers run a more efficient business.

Kentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.

“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.