Understanding Economic Geology--Gemstones
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Transcript of Understanding Economic Geology--Gemstones
WHAT ARE GEMSTONES? Pieces of minerals and rock cut and polished to create jewelry
Usually semi-precious, rare material Liquidity—in economics, how easily an asset changes hands
Cash and credit in your bank account have high liquidity
Paintings, gems and gold bars have lower liquidity but a lot of value
Gems & jewelry make great pieces of art that also hold a lot of value which can be very useful if you don’t trust cash
GEMSTONES Identifying and working with gemstones usually falls to professional jewelers rather than geologists
Cutting & polishing makes these minerals very beautiful but destroys crystal patterns that can be used to identify them
Increasingly, many gems are synthetically produced in labs
RUBY Variety of corundum with chromium impurities that lead to a bright red color
Al2O3:Cr Crystals with fewer non-Cr impurities sell for more
Lack of rutile impurities is a tip off that the ruby may be synthetic
RUBYRutile inclusions indicate that the gem is genuine—Ex) rutile inclusions in Quartz
Cut & polished ruby—note dark dots are inclusions
RUBY DISTRIBUTION Historically, main source on Mogok River Valley in northern Myanmar (Burma)
Smaller deposits in India, Cambodia, Thailand & Brazil
Major deposits discovered in Greenland since 1966
Climate change & melting glaciers revealing more
Spinel, a red mineral, is commonly found in close proximity to ruby and often mistaken during mining
Ex) spinel at right
EMERALD Variety of beryl Be3Al2(SiO3)6 Enriched in Cr & V Hexagonal/Dihexagonal crystal Colombia contributes 70-90% of all the world’s emeralds—so called Colombian Emeralds—source of funds for rebel groups
Value determined by number of inclusions—inclusions are very common
Historic mining in Egypt & Austria
Placer deposits in Zambia’s Kafubu River 2nd largest
IG Farben produces synthetic hydrothermal emeralds
Flux-growth synthetic emerald production ended due to 1989 San Francisco earthquake
SAPPHIRE Fe, Ti, Cu, Cr, or Mg enriched end-member of corundum
Al2O3 Trigonal crystals—conchoidal fracturing like quartz
3rd hardest substance after diamonds & moissonite
Widely used infrared optics as well as jewelry
Insulators in solid-state electronics
Almost all from alluvium—widely distributed mines: Afghanistan, Australia, Vietnam, Sri Lanka, etc.
Biggest deposits in Madagascar Montana leads US production Hot isostatic pressing for synthetic production
Alumina+oxyhydrogen flame—Verneuil process, 1902
OPAL Hydrated amorphous silica mineraloid
Not technically a mineral
Low-temp. deposition in cracks in rhyolite, limonite, basalt, sandstone & marl
97% from Australia—particularly South Australia
SiO2·nH2O Wide range of colors—sub-vitreous sheen
DIAMONDS Isometric, octahedral crystals
Pure C Slight impurities lead to brown, transparent, yellow, green, blue & black endmembers
25-75% age of Earth Silicon carbide & cubic zirconium are not diamonds but closely resemble them
Industrial & gem-grade diamonds priced up by DeBeers cartel
Almost all diamond trade & cutting in London, Antwerp & Tel Aviv
AQUAMARINE Blue beryl Placers common in Sri Lanka Fe2+ & Fe3+ generate hue Artificially produced from pink/yellow beryl with radiation/gamma ray treatments
Discoveries in Idaho, Wyoming & Minas Gerais, Brazil
Largest aquamarine found in Brazil—other large varieties in New England pegmatites
Be3Al2(SiO3)6
GOSHENITE Beryl variety named after Goshen, MA
Pure, colorless beryl
Range of colors—green, pink, blue, yellow
Low-value gemstone Important source of beryllium
RED BERYL First discovered in Utah, 1904
Mn3+ gives red color
Very rare—only found in Utah & New Mexico
Topaz-rich rhyolites
MORGANITE Pink beryl Pala, CA & Madagascar
Rose of Maine—largest morganite discovered at Buckfield Mine, Maine, 1989
Mn2+ drives color
AMETHYST Quartz variety SiO2—forms conchoidal fractures
Name derived from Greek word for intoxication—amethyst bowls believed to prevent against drunkenness
7 Mohs hardness scale, rhombohedral
Irradited Fe3+ induces color
Heating to citrine & ametrine—yellow/brown colors
Quartz doped with ferric material can be exposed to x-rays & gamma rays to make synthetic amethyst
TANZANITE Sorosilicate zoisite Discovered in 1967, Tanzania Trichroism Blue, violet & burgundy Orthorhombic—(Ca2Al3(SiO4)(Si2O7)O(OH)) + (Cr,Sr)
Named by Tiffany & Co.
VALUE National gem organizations Ex) Gemological Institute of America
Wide fluctuations in value in response to trends
Tanzanite varies, diamonds relatively stable
Rare minerals can have high value but only for a small group of collectors
10x magnification added to evaluate in 1950s
Unusual optics add value Ex) color zoning & asteria star effects
Large discoveries can drive down price—amethyst ceased to be precious after large discoveries in Brazil, 19th century
VALUE Expert professions include jewellers, diamantair’s and lapidary (gem-cutting)
Carl Faberge—Faberge jewel eggs produced in 19th century Russia
Four C’s—color, cut, clarity & carats
Carat—SI unit=200 mg, varied by country until early 1900s
Cut with faceting machines Facets—flat, window-like faces cut on gem surface
Cabochons—dome shaped stones