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A space rock containing over 100 million tons of platinum at its core was seen flying within 1.5 million miles of the Earth this past weekend, sparking interest in the future of space mining.

platinum asteroid

This asteroid “2011 UW-158” flyby was captured by the Slooh online observatory, using a team of telescopes located in the Canary Islands. Two live feeds were provided; one long range that showed the asteroid moving across the viewing field visible as a small white spec, the other a close up centered on the asteroid. Commentary was provided by both Slooh astronomer Bob Berman, and host Eric Edelman.

plat asteroid

A special guest appearance was made by Planetary Resources President Chris Lewicki. Planetary Resources is an asteroid mining venture – that counts Google founders Larry Page and Eric Schmidt among its backers – has its sights set on the 2011 UW-158. Due to the (relatively) close proximity of the asteroid, which is approximately six times farther than the Moon but 60 times closer than the next nearest planet, Venus, it has sparked a renewed interest in the viability of space mining.

The company has calculated the asteroid to contain about 100 million tons of pure platinum, approximately $5.4 trillion dollars’ worth. While they have also been tracking similar asteroids in our solar system, this is the one that has come the closest to the Earth.

Officials from NASA believe that futuristic space mining may be feasible as early as 2025. Asteroids would be “captured” and brought into orbit of our Moon, where space miners would be able to collect resources. NASA states that the elements present in asteroids, such as rocket fuel and water, could be gathered by future generations in the quest to explore more of our solar system.

 

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lady luckA fancy vivid yellow diamond weighing a whopping 77.77 carats is expected to be the top lot at Sotheby’s Hong Kong, with a pre-sale estimate up to $7.7 million.

Clearly the top lot has auspicious ties to the number seven. In the Western world, seven is considered the luckiest of all numbers; many a gambler has dreamed of hitting the 7-7-7 slot machine jackpot. For potential Asian buyers, seven is a lucky number that signifies togetherness, and the yellow hue is also symbolic of royalty and power.

The “Lady Luck Diamond” boasts a VS2 clarity and a pure fancy vivid yellow, the most desirable saturation for colored diamonds. Pure yellow diamonds owe their coloration to nitrogen atoms dispersed throughout the crystal matrix, which is extremely hard to penetrate. The amount of nitrogen present determines a yellow diamond’s saturation level, which is why the more intensely saturated gems are extremely rare and valuable.

Flanked by five-carat heart-shaped diamonds on either side, the “Lady Luck” is presented as the lady luck 2centerpiece of a three-stone ring in rich 18 karat yellow gold. It can also be detached and worn as a pendant on its own.

The “Lady Luck” is sure to appeal to a wide audience of bidders later this month at Sotheby’s “Magnificent Jewels and Jadeite Sale” at the Hong Kong Convention and Exhibition Center. The auction comprises 320 lots in total, including rare colorless and colored diamonds, gemstones, and signed pieces from the Art Deco period. Total sales expected to be generated are over $100 million.

 

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A Kazak herdsman had the luckiest day in his life when he literally stumbled upon a large gold nugget lying on the ground in Xinjiang, a far western region of China.gold nugget

Berek Sawut, the lucky herdsman hailing from Qinghe County in Altay Prefecture, tells China Xinhua News that he was walking around a local mining site when he suddenly spotted a brilliant gold object lying exposed on the ground. Asked about his initial reaction, Sawut responded, “When I walked closer, I was dumbfounded. My god, it was a piece of gold. I was so excited that I started jumping up and down.”

The nugget – approximately 23cm by 18cm long and weighing almost 8kg – was analyzed for composition, confirming that the nugget is about 80% pure gold, with the remaining being quartz, sandstone and other minerals.

It has a precious metal estimated value of $255,000 at the current spot gold price, but experts believe that the piece could fetch over three times as much due to the specimen’s rarity and uniqueness. It is the largest gold nugget to china nuggetcome out of the Altay region, a mountainous territory that hugs the border of Russia, Mongolia, and Kazakhstan. This region has long been known for its’ gold mining, in fact “altay” is “gold” in Mongolian. Not to mention, most curiously of all, the large nugget is naturally shaped resembling the map of China.

Whether or not Sawut will get to keep or sell his find is yet to be determined. According to Chinese law, mineral resources that are found on or below the surface in this region is deemed as property of the state. However, given that his story has gone viral on Chinese media and that other mineral finds in the area were not confiscated, it is likely he will be allowed to keep it.

 

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Last Sunday’s NFC Championship game between the Seattle Seahawks and Green Bay Packers will probably go down as one of the most incredible comebacks in pro football history.

If you were also following the pre-game show on FOX Sports, you would have been shocked by the NFL’s threat to bench the Seahawks star running back, Marshawn Lynch, for his intention to wear his own 24 karat gold cleats.

The controversial pair in question is the $1100 Nike Vapor Speed Mid TD shoes customized by Soles by Sir. Reminiscent of the Greek messenger god Hermes’ golden footwear, the top is gilded over entirely by reflective 24 karat flake paint, with the sole and cleats also gold-plated. Bright green laces were the only contrast on the shoe, a nod to the Seahawks’ official colors of lime green and blue.

TMZ reported that the shoes were made especially for his return to the Super Bowl, but Lynch was so pleased with how they turned out that he decided to wear them to the NFC Championship game. Unfortunately for him, NFL officials were not so pleased. The league requires each player to wear officially sanctioned footwear – for the Seahawks, they are only allowed black, white, or the official colors of blue or green. Metallic gold does not qualify.

Just before game time, FOX reported the crisis averted – Lynch had reached a compromise with the NFL. He sported green and blue topped shoes, albeit with gold-plated soles and cleats.

lynch1

Lynch and his gold-soled shoes carried the Seahawks to a showstopping victory that night. He would not be denied as he barreled down 155 yards on 25 carries for a touchdown. After being down 19-7 with only three minutes left in the game, the Seahawks led an unrelenting comeback – including a recovered onside kick and a successful two-point conversion – carrying them into overtime. Only a few minutes into the extra period, quarterback Russell Wilson completed a 35-yard pass to receiver Kearse in the endzone for the game winning touchdown. They ended the game at 28-22, earning them a ticket to the Superbowl and thus making themselves the first defending champions in over 10 years.

 

 

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After one month and 64 soccer matches played, and it is Germany who achieves the coveted title of FIFA 2014 World Champions. Coming into the tournament as #2 ranked in the world, they captured the World Cup Trophy after scoring 1-0 in overtime in the exciting final game with Argentina.jules rimet trophy

The trophy comes as the second redesign in all of FIFA’s history. The original trophy – named the Jules Rimet Cup after the former FIFA president – was a miniature statue of Nike, the Greek goddess of victory. The body was forged in sterling silver and plated over in pure 24K gold, which stood on a base of carved blue lapis lazuli. FIFA regulations at that time stipulated that any country that wins three times would be awarded the Cup permanently; just that happened in 1970, the year that Brazil won their 3rd championship and took the cup home. Unfortunately, in 1983 the cup was stolen in Rio de Janeiro and has never been seen again.

The current trophy has thus been used since 1974, but no longer carries the possibility of being owned by any one country as it remains the permanent possession of FIFA.

fifa trophySilvio Gazzaniga, the Italian creator of the current trophy, describes the depiction as thus: “The lines spring out from the base, rising in spirals, stretching out to receive the world. From the remarkable dynamic tensions of the compact body of the sculpture rise the figures of two athletes at the stirring moment of victory.”

According to FIFA’s official website, the trophy stands at over 36cm tall and made of a whopping 6.175kg of 18 karat yellow gold, which is worth approximately $175,000. The German team will be taking home a gold-plated replica of the trophy, while the actual trophy will remain at FIFA headquarters to only be used at the official ceremonies.

 

 

 

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christies green diamond

christies green diamond

A 6.13-carat fancy intense green diamond set a new per-carat record when it sold at Christie’s on May 27 for a whopping $3.6 million, or $594,510 per carat. The square cushion cut diamond is the center of a rose gold halo style ring, accentuated by natural pink diamonds.

Next to red, green is the rarest of colors found in natural diamonds. For most colored diamonds, the color comes from trace amounts of mineral impurities or extreme pressure conditions while the diamond was forming. The tight chemical structure makes it very difficult for any impurities to enter, which is why colored diamonds are exceedingly rare. Small amounts of boron in the crystal lattice structure of a diamond, for example, will impart a blue hue; same goes with nitrogen for yellow, and hydrogen for violet. What gives a diamond a green hue however, is the presence of natural radiation over millions of years. Because the radiation exposure is an external force rather than internal force (such as mineral impurities and lattice defects), it acts on the surface only. As a result, green diamonds are not green all the way through; the color is concentrated on the outer layers and tends to be weakly saturated. That is why a fancy intense green diamond, especially one of a size like this one, is almost a once-in-a-lifetime find.

This spectacular diamond joins the ranks of other recently sold, record-breaking gems at Christie’s. At their Geneva auction just last month, there were three record-breakers alone. They include ‘The Blue’, a fancy vivid blue pear shaped diamond weighing over 13 carats, a 76.5 carat light pink square-cut diamond that sold for $10.2 million, and the ‘Ocean Dream’ – a 5.5 carat, vivid blue-green diamond that went for $8.8million.

 

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jennymcJenny McCarthy is definitely not one to shy away from media! She shocked over 3 million viewers last Wednesday on live television via her morning talk show, The View by showing off a huge yellow sapphire and diamond ring and announcing her recent engagement to singer Donnie Wahlberg.

The former model, actress, one-time author and current co-host of The View was immeasurably ecstatic, jumping up and hugging co-hosts Barbara Walters and Sherri Shepherd. A slideshow of pictures of the happy couple played across the screen as Wahlberg made a surprise appearance from backstage, coming up to hug his sweetheart.

McCarthy’s bubbly and vivacious personality seems to match her engagement ring perfectly: a square brilliant cut yellow sapphire, surrounded by a halo of white diamonds set in a split shank pave white gold band. Known to be a spiritual person, she may have chosen a bright yellow stone to elicit inspiration, creativity, and optimism.jennymc

The actress and TV personality describes how Wahlberg had enlisted the help of her 11-year-old son, Evan, with the proposal. While sitting on the couch at their shared home, Evan brought out a card that said “Will” and handed it to her. He walked back into the other room, coming back with “You”. He returned a third time with a card meant to say “Marry” but spelled “Mary”. McCarthy was in laughter and tears before Donnie came out the last time, wearing a shirt imprinted, “Me?” and got down on one knee.

“Of course, I said ‘Yes,'” she related. “In that moment Evan yelled, ‘I have another dad!’ and it made all of us cry.”

McCarthy began dating the New Kids on The Block singer in May of last year. The pair plan to tie the knot sometime in August 2015.

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CitrineWith its range in color from sunny yellow to bronze deep orange hues, what better stone to represent the falling leaves of autumn than citrine? One of the official birthstones of November, citrine is a member of the mineral family quartz.

Currently the world’s largest faceted citrine resides in the “Special Exhibit Gems” of the Art Natura museum in Spain, a natural science museum that is home to an extensive collection of colored gemstones. Known as “The Malaga” in tribute of its host city, this oval shaped gem is an enormous 20,200 carats – equivalent to 4 kilos! It neighbors another gemstone of gigantic proportions: the “Eldorado”, a 31,000 carat imperial topaz which also happens to be the other birthstone of November.

Despite its size, “Malaga” has very minor imperfections and is considered nearly flawless. Along with its exceptional color, even distribution, transparency and purity, “Malaga” is truly a world-class gem. Citrine crystals that are found usually measure only a few cm across, and the ones that are larger in size generally lack in quality and are used for decorative purposes rather than jewelry.

The rough that formed “Malaga” was originally discovered in 1990 in Brazil. Due to the complications of the process of cutting and polishing a stone this large, the rough was left untouched for nearly two decades until 2009 when a team of gem cutters took on the challenge. With all of the special considerations needed for a stone of this size, it took over a year to bring to its polished form.

Brazil is the largest producer of the world’s supply of citrines; other important sources include Bolivia, United States, and Madagascar.

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name necklace

Personalised gifts are the key. Personalised gifts can make a average present into something stunning and meaningful. A lot of gifts can be personalized and jewellery is one of them! Here’s some reasons why to personalize your jewelry:

  •  It’s practical. For example, if you make a gold name plate or initial necklace, with or without diamonds, it’s something she can wear every single day, not just a piece to go with any outfit.
  •  It’s the thoughts. You have to either custom made something or do extra work to present this personal gift. The thought and work behind it let the recipient know you’ve taken the time to give a thoughtful gift, specially for them.
  • A personal touch: Of course it’s personal! You didn’t pick it out from a bunch of stuff made available to you, for instance, you didn’t pick out from a bunch of stuff that’s made available for you to pick from.
  •  Treasure item: People love to see items personalized making them feel special and that item uniquely made just for them.

 

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kimberly diamondThe New York Museum of Natural History is having an exhibition for the rare 19th century 55 carat diamond that was once part of the Russian Crown Jewels.

The stone is named “Kimberley Diamond” after the Kimberley Mine where it was discovered in South Africa in 1868. It had been cut from a 490 carat crystal. In 1921 it turned into a 70 carat gem and later in 1958 was re-cut and improved for brilliance and proportions.  In the re-cutting process the stone lost some weight 14.92 carats. Now weighing 55.09 carats it was valued at $500,000 but is probably worth considerably more now.

Kimberly Diamond has been perfected to a champagne coloured, emerald cut, rectangular flawless diamond. It is about 1.25 inches in length. It has been described as a “cape diamond” which is an Old World term meaning “deep colour.”

In order a diamond to survive the Earth’s surface it has to get there really fast this stone got a ride on magma. Magma starts very deep in the earth and moves towards the surface at 35-40 km/h. During a volcanic eruption the magma creates bubbles like champagne and can reach speeds up to Mach 2 (twice the speed of sound).

Diamonds were first found along rivers where people would look for gold. In the 1870’s lots of diamonds were found at the bottom of rivers and streams in South Africa. They would follow the river upstream and find a grey blue rock which contained a diamond. Now days a gem the size of the Kimberley diamond wouldn’t survive in modern mining techniques it would be crushed in the process.

The diamond will be on display with “Patricia Emerald” and “The Star of India.” Patricia Emerald is a 632 carat 12 sided emerald crystal from Columbia. The Star of India is the world’s largest gem quality blue star sapphire it is 526 carats in weight and is 2 billion years old!

Kimberly Diamond is on loan from Bruce T. Stuart. The stones will be added to the Morgan Memorial hall of Gems and is on display in the NYC museum through to June 2014.

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