01192018Fri
Last updateThu, 18 Jan 2018 10am

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Shootout at Texas jewelry store leaves one robber dead

Shootout

An employee of a jewelry store in Conroe, Texas, pulled an AK-47 from behind the counter to stop four would-be armed robbers. One of the armed robbers opened fire and multiple employees returned fire, killing the suspect.

Jeffery Turner, Jr., owner of Jeff’s Jewelry Store in Conroe, told police that four men entered his store and demanded jewelry, purses and other items. At least one of the robbers displayed a firearm, according to Montgomery County Police Reporter’s Scott Engle. One of Turner’s employees responded by pulling an AK-47 semi-automatic rifle from behind the counter. The gunman fired at the store employees and a firefight ensued. At least three employees were said to have fired weapons at the robbery suspects.


NAJA offering a unique scholarship opportunity for gemology students

NAJA logo OctThe National Association of Jewelry Appraisers (NAJA) is pleased to announce that it will award an ACE© It Appraisal Conference Scholarship to a deserving gemology student. NAJA invites GIA, FGA, FGAA, FGG, FCGmA, RGA students to apply for this scholarship for the 447th Annual ACE© It Winter Educational Conference scheduled for January 29 - 30, 2017 in Tucson AZ.

Woman receives mystery Rolex in the mail

mystery rolex

SAN FRANCISCO (KPIX 5) — It came out of the blue, a Bay Area woman gets a Rolex watch in the mail.

The woman, Marie, thought it was strange that she had a package waiting for her at the post office. She said it was from an unknown sender. Then she opened it up and things got stranger.

Inside, a Rolex watch in Rolex packaging, but that was it.

“No user manual, no note card, no invoice, nothing at all,” Marie said.

Canadian Mint employee accused of smuggling $180K of gold – the hard way

 Canadian Mint

An employee of the Royal Canadian Mint allegedly smuggled about $180,000 in gold from the fortress-like facility, possibly evading multiple levels of detection with a time-honoured prison trick.

Hiding the precious metal up his bum.

The case against Leston Lawrence, 35, of Barrhaven concluded in an Ottawa courtroom Tuesday. Justice Peter Doody reserved decision until Nov. 9 on a number of smuggling-for-cash charges, including theft, laundering the proceeds of crime, possession of stolen property and breach of trust.

Lucapa finds yet another huge diamond

4th stone over 100 carats uncovered this year

Angolan diamond

A Perth-based company has uncovered a massive 104-carat diamond from its mine in Angola and believes it is closing in on the original source of the gem.

The D-colour diamond was recovered from Lucapa's alluvial mining operations, 600 kilometres east of the Angolan capital Luanda.

The rock is about the size of a 50 cent coin and is the fourth stone over 100 carats Lucapa has found this year.

In February, it uncovered a 404-carat rock at the same mine, worth more than $20 million, the biggest diamond ever found in Angola.

Tracking gold’s ups and downs

gold up down

King Midas lusted after it. The Incas worshipped it. Shiny flakes of it set off a 19th-century rush to California and ship captains never stop looking for it at the bottom of the sea. While gold has ignited passions for centuries, for today’s investors, it seems, the metal has lost its allure. After surging sevenfold during a 12-year bull market — a run matched by only a handful of assets, including U.S. Treasuries and stamps — investors sold it wildly in 2013 and then the price slid further over the next two years. Is the epic boom and bust in gold just another market cycle or is it a change in human appetites?

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