The Rolex-owned retailer’s new 4,700-square-foot store’s façade honors the Pacific Northwest’s evergreen forests.
Gemfields’ Ethiopia Exploration Site Looted
The sort house was ransacked and emeralds were stolen from the safe.
London—Gemfields said its Ethiopian emerald exploration site, which was overrun by a mob in June, has now been looted.
On June 29, a mob of 300 to 500 entered the mining site of Web Gemstone Mining plc, an Ethiopian company in which Gemfields holds a 75 percent interest.
Though WGM employees were safely evacuated, the trespassers never left the property, and Gemfields said on July 31, they broke into the gemstone sort house, which was constructed using 40-foot shipping containers.
Several of the perpetrators were injured but no WGM employees were on-site at the time.
The safe in the sort house was ransacked and the emeralds in it looted. A Gemfields spokesperson said the company is providing no further details on the stolen goods.
The equipment and instruments in the facility also were taken, and WGM’s residential camp was ransacked.
While police stationed at the mine tried to resist the activity, they were “overwhelmed” by the group, Gemfields said, and abandoned the site.
Gemfields also said it has been advised that the site has seen a significant inflow of firearm-bearing illegal miners and handlers.
WGM will continue to work with local and national authorities on the situation.
At the time of the first incident, Gemfields said it is believed the members of the mob might have been spurred by a faction seeking a portion of WGM’s emerald exploration license. The invasion and subsequent looting also come at a time of nationwide unrest in the African country.
Gemfields acquired its stake in WGM in February 2015.
WGM’s emerald exploration license includes an area that measures 200 square kilometers, or about 77 square miles. It first established operations in June 2015 and has been conducting exploration and core-drilling since, with bulk-sampling operations beginning in August 2017.
The Latest

Get into the Halloween spirit with this roundup of 13 spooky jewels.

Cahoon was appointed strategic account and educational program manager at Gesswein, which recently joined Continental Buying Group.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Tiffany & Co.’s latest ambassador makes her debut in its “Love Is a Gift” holiday campaign.


For her annual Halloween story, Senior Editor Lenore Fedow highlights bewitching jewels fit for a witch that go from day to unholy night.

Jaythan Gilder was found guilty of robbery and grand theft after stealing and then ingesting nearly $800,000 worth of Tiffany & Co. jewelry.

Built on Relationships. Refined by Craft.

Consumer confidence remains on the long-term downward trend that’s persisted over the past few years, said a Conference Board economist.

The holiday campaign includes key jewelry trends, a curated holiday gift guide, and resources to help jewelers prepare for holiday shoppers.

Solomon Brothers, which has three stores in the Metro Atlanta area, said it may continue to acquire other independent jewelers.

The fine jewelry brand raised $2.3 million at its annual gala that supports the nonprofit’s fight against blood cancer and blood disorders.

The annual fundraising event is slated for June 6, 2027, at The Venetian Resort in Las Vegas.

In her “Vantage” collection, Lau explores heritage, identity, and inner strength through designs featuring blue-green Guatemalan jade.

The jeweler gave the public backstage tours of its flagship store and its design and innovation workshop as part of LVMH’s open house.

Vote for which jewelry professional should dress up as a monster to support Jewelers for Children’s annual Halloween fundraiser.

The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.

Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

The number of participants at the fall show was up 12 percent.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

























