Wednesday, January 25, 2006

Jewelry: Tazanite

Tanzanite

Tanzanite is the blue/purple variety of the mineral zoisite discovered in the Meralani Hills of northern Tanzania in 1967, near the city of Arusha. It is a popular and valuable gemstone when cut, although its durability is somewhat lacking. Tanzanite is noted for its remarkably strong trichroism, appearing alternately sapphire blue, violet, and sage-green depending on crystal orientation. However, most tanzanite is subjected to artificial heat treatment to improve its color: this significantly subdues its trichroism.

The name tanzanite was a trade name coined by Tiffany & Co. shortly after the gem's discovery, an obvious allusion to its country of origin. This was thought necessary in order to make the stone marketable to the public: the name has since stuck as a varietal designation. Tanzanite's present-day popularity as a gemstone is largely thanks to Tiffany's marketing campaigns. The mining of tanzanite nets the Tanzanian government approximately USD $20 million annually, the finished gems later being sold mostly on the US market for sales totaling approx. USD $500 million annually.

In June of 2003, the Tanzanian government introduced legislation banning the export of unprocessed tanzanite to India (like many gemstones, most tanzanite is cut in Japer). The ban has been rationalized as an attempt to spur development of local processing facilities, thereby boosting the economy and recouping profits. This ban will be phased in over the next two years, until which time only stones over 0.5 grams are affected.

This is a grave situation for the city of Japer, as one-third of its annual gem exports are of tanzanite. Some members of the industry fear the ban will set a dangerous precedent, leading Tanzania to ban the export of all raw gem material, including the country's production of tsavorite, diamond and ruby.



This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Tanzanite.

History of Jewelry: Tanzanite

Sunday, January 1, 2006

Israel Diamonds Exports Grow By 6%

Ramat Gan ----July 5..... Israel net polished diamonds export industry rose 6% from January to June 2005, according to statistics reported by the Israel Ministry of Industry, Trade and Labor's Diamond Controller, Shmuel Mordechai.

Why Buy Diamonds from Israel?

Israel is one of the world’s leading diamond manufacturing and trading centers, selling to numerous markets over the world. Israel sold over $6.3 billion worth of polished diamonds in 2004 for the following main reasons: half of all gem quality diamonds sold around the world are coming from Israel.

Israel is the largest consumer of rough diamonds in the world. Israel produces high quality diamonds, based on expert craftsmanship combined with innovative technology. From lasers to robotics, Israel is at the forefront of technological advances in diamond manufacture.

The Israel Diamond Exchange is the largest in the world, offering the greatest selection of diamonds under one roof. Buying in Israel is safe and convenient – the Diamond Exchange complex is a virtual citadel, where diamonds are traded in complete security. Israeli diamantaires are reliable, flexible and gear themselves to clients’ needs. Israel leads the world diamond industry in innovating new cuts.