Skip to main content

ROYAL WEDDING ‘BOOSTS SRI LANKA SAPPHIRE SALES’

Sri Lankan gemstone dealers say demand for blue sapphires has risen strongly since Britain’s Prince William married Kate Middleton in April.

They say the stone in the bride’s ring, previously worn by Princess Diana, originated in Sri Lanka.

In the first half of this year, Sri Lankan gem exports rose 35% over the past year to be worth more than $48m.

An ordinary sapphire can cost $17,000 per gram, as the gems are difficult to mine.

Gems from Sri Lankan pits include rubies and so-called cat’s eyes - but the best-known are Ceylon Sapphires, above all the blue ones, although there are also yellow and pink gems.

‘Prestige’

The Sri Lanka Gem and Jewellery Association has said it is beyond doubt that the sapphire in Kate Middleton’s engagement ring, came from Sri Lanka more than three decades ago.
Sinan Salahudeen Sinan Salahudeen says there has been a rush for sapphires

However, earlier this year the royal jewellers, Garrard, declined to comment to the BBC on its origins.

A dealer at the 21st annual Gem and Jewellery exhibition in Colombo says the royal wedding has made stones like it very popular.

“There’s been quite a rush here, especially for sapphires,” said Sinan Salahudeen.

“It’s something great that she’s wearing a Ceylon Sapphire. That brings a lot of value to the stone and it’s a prestige to our country as well.” (BBC)

Comments

Popular posts from this blog

STUDENTS SURROUND ADMINISTRATIVE BUILDING AT J’PURA

A tense situation has broken out at the Jayawardenapura University after a group of students surrounded an administrative building. The students have reportedly surrounded Vice Chancellor N.L.A. Karunaratna ’ s office building following an announcement that he will not be issuing Mahapola scholarships.

Ukrainians injured as police dismantle Kiev 'tent city'

At least 10 demonstrators have been injured in clashes with Ukrainian police and another 100 detained in the capital Kiev after authorities began dismantling a makeshift "tent city" protesting against corruption. The tent city was set up in October by supporters of Mikheil Saakashvili, a former president of Georgia who has become an opposition politician in Ukraine. Saakashvili, a critic of corruption in Ukraine, was deported to Poland in February. He said he was "kidnapped" by Ukrainian authorities and removed from the country against his will. Andriy Kryshchneko, police chief of police, said at the camp on Saturday that "two court decisions" allowed authorities to search and dismantle the camp. Police said that explosives and other weapons were found at the scene

VIDEO: FONSEKA FOUND GUILTY; SENTENCED TO 3 YEARS

Sarath Fonseka was found guilty by a divided decision in the case regarding the ‘White Flag’ statement and sentenced to 3 years in prison by the Colombo High Court today (November 18). The verdict divided 2:1 was given by the High Court bench, headed by Judge Deepali Wijesundara and comprising Judges DMPD Waraweva and Zulfiqar Razin. Justice Waraweva giving his judgment deliberated that Fonseka was not guilty on all three charges while Justice Wijesundara and Rashim found Fonseka guilty of the first charge, of inciting violence through his statement, and found him not guilty on the second and third charges. Sarath Fonseka, who is currently serving a 30-month jail term imposed by a court martial, was sentenced to three years in prison and fined Rs.5,000. The former Army Commander was accused of inciting violence by, in an interview given to the Sunday Leader, alleging that Defence Secretary Gotabaya Rajapaksa gave an illegal order not to accommodate any LTTE cadres attempting to...