Last updateThu, 22 Feb 2018 4pm

Other News

There’s a new gold rush happening – in Minnesota?

COOK, Minn. — AngloGold Ashanti continues to move quickly in its efforts to find mineable gold in Koochiching County in far northeast Minnesota.

The Minnesota Department of Natural Resources reports this week that AngloGold has submitted a plan to do exploration drilling on state-owned mineral leases about 20 miles west of Cook.

IDEX reports natural blue diamonds demand drives price rises

colored diamonds coloredfoundation

(IDEX Online) – The Fancy Color Research Foundation (FCRF) reports that fancy color diamond prices continued to climb moderately during Q3 2016, at a rate similar to the previous quarter.

For over a year, transactional data testifies to two opposite pricing trends in fancy color diamonds: consistent demand-driven price increases for pink and more notably blue diamonds, partially offset by continued price declines in lower-cost, commercial yellow diamonds.

Preferred Jewelers Intl. Spa Day delivers sparkling results for AL jeweler

Loyal customer announced as winner of the $5000 Preferred 105 diamond pendant

PreferredThe successful promotion of the first annual Preferred Jewelers International Jewelry Spa Day came to a brilliant finish for one lucky customer in Alabama at Hudson-Poole Fine Jewelers.

Mary Alton Griffin, a long time customer of Hudson-Poole Jewelers, was recently announced as the winner of the Preferred Jewelers International Jewelry Spa Day and received a Preferred 105 round diamond halo pendant, with a retail value of $5000.

Gene Poole, owner of Hudson-Poole Fine Jewelers, was effusive in his praise for Preferred Jewelers International, and the Spa Day event. “Preferred Jewelers International is one of the best groups that I am involved with, and I am involved in a lot of groups. The core of the Preferred Jewelers International concept, which is the lifetime warranty program, is phenomenal, and lets independent jewelers like myself compete with large chains. Through this program I have repaired jewelry for customers from North Carolina, Georgia and many other states, all at no charge to the customer. It has been a great experience for us, and allowed us to communicate with a nationwide network of independent jewelers.”

When asked to describe his experience participating in the event, Gene said: “I thought the concept of the event was great. The experience that I had with the company that produced the mailer was fabulous. It was very easy, didn’t take a lot of effort on my part, and I really enjoyed how convenient they made the experience for me. I wasn’t sure exactly what to expect since this was the first event, but there was a spiff involved for my team if we ended up having the winner from our store, so my staff was incentivized to win. Their enthusiasm for the Jewelry Spa Day motivated my customers, which, in turn, made it a wonderful experience for everyone involved. The combination of promotional mailers and my enthusiastic team really put it over the top. A lot of my regular customers, including some I hadn’t seen in awhile, came in and participated in this event.”

Mary Alton Griffin, is a long time customer of Hudson-Poole Fine Jewelers, who frequents the store on a weekly basis for what she calls her “drive-by” visits. Once a week like clockwork, she stops in to have her jewelry cleaned and checked, and visit with the Hudson-Poole staff. During one of these visits, she commented that she wanted to participate in the “spa thing” and the Hudson-Poole staff got to work cleaning her jewelry and then helped her post photos of the results on Instagram, and then tag as per contest regulations, with #HudsonPooleFineJewelers #WeArePreferred and #PreferredSpaDay.

Preferred GeneWhile Gene and his staff were waiting for the pendant to be delivered to the store so they could announce the winner, Gene continued to build excitement about the results of the Preferred Jewelers International Jewelry Spa promotion through his local radio talk show installment of “Poodgie’s World.” Gene is a fixture on WFFN 95.3 “The Bear” radio every Wednesday morning with on air talent Steve Shannon, where he delivers a 5 minute blend of jewelry talk and trends combined with local events, sports and culture.

The Preferred Jewelers International Jewelry Spa Day event was designed to promote awareness of the Preferred Jewelers International brand, and to help participating retailers increase their individual store following on social media feeds.

Over 150 Preferred Jewelers International retail store members participated in the event.

For more information on Preferred Jewelers International, or to receive information on how you can become part of the Preferred Jewelers International Network, visit their website at www.preferredjewelersinternational.com or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it..


De Beers tries to counter a growing threat: man-made diamonds

diamonds vid

Increasing amounts of synthetic stones could upend a market that depends on a perception of relative scarcity.

Lab-grown diamonds are marketed as an ethical alternative to natural stones, but mining companies argue they're no match for the real thing. Here's a look at how synthetic gems are made—and how they compare to those culled from the ground. (Video/Illustration: Heather Seidel/The Wall Street Journal)

$400K in diamonds stolen in brazen highway heist

400K in diamonds

A brazen group of robbers boxed in a diamond couriers’ car on an Interstate 5 onramp, held the driver at gunpoint and stole $400,000 worth of gems in SeaTac Tuesday, authorities said.

The two victims, both men, were couriers in town from Hong Kong to sell the cache of diamonds, according to the King County Sheriff’s Office.

High value goods shipping Q&A with Dave Zamsky, VP Marketing, UPS Capital/Parcel Pro

Q: What are the trends that you are seeing in retail with high-value goods shipping?

A: We are seeing more and more goods sold online. Luxury e-commerce is exploding. According to Technavio’s Global Luxury E-tailing Market Report 2015-2019, global sales in the luxury e-commerce market are expected to reach $42 billion in just the next three years, a 100 percent increase over the $21 billion high of 2014. It’s a market opportunity that can’t - and shouldn’t - be ignored.