Zultgems Sells Zultanite Collection to Fund Exploration

By IDEX Online Staff Reporter / November 21, 2019 / www.idexonline.com / Article Link

(IDEX Online) - Miner Zultgems has sold its private collection of Zultanite to jeweler Kat Florence and Provenance Gems USA in a bid to raise capital to relocate a lost Zultanite vein. 

The company has been struggling to find this vein for the past three years.

Florence acquired the larger pieces of the collection while Provenance Gems, which has retail locations throughout the U.S and Caribbean, secured the medium, fine quality sizes.

Zultanite, a natural color changing gemstone, is only found in the Anatolia Mountains of Turkey. It changes color from green to red depending on the light and is believed to be 10,000 times rarer than diamonds.

Recent News

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com

Gold stocks up, juniors outperform on small cap strength

April 21, 2025 / www.canadianminingreport.com

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com

US$ and bonds not the safe havens normally expected

April 14, 2025 / www.canadianminingreport.com

Crash driven by tech and highly cyclical sectors

April 07, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok