Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
The Calagary Herald tracked down Shane McClure, a gemologist, for his opinion of the world’s largest emerald that is being auctioned in Kelowna this month, and McClure is wondering if the emerald is actually dyed beryl, a mineral that is relatively worthless:
“It’s not a difficult thing to take a large chunk of opaque beryl and dye it green and call it an emerald,” he said. “Beryl like that is easily available in huge pieces. Beryl pieces 20 feet (six metres) long have been found.”
2 Comments
Peter
He is a geologist – why not do the tests first before he shoots off his mouth. If I owned the emerald I would have had certified experts and institutions above reproach certify the stone Now they will have to and if it is genuine then I sense a lawsuit or at minimum a so called professional with major egg on his face.
As for the Calgary Herald – what professionalism you show – you are no better than a group of gossip mongers who have nothing better to do than stir up “oh did you know”
Gemgeek
Peter, The problem is that the guy who owns it has not contacted the best of the best labs in the world to verify the stone and Shane is a gemologist with a great reputation and many years of experience in the field. The pictures and video tell a thousand words. Relax.