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A rough emerald from the Muzo mines in Colombia.



  207.3-carat emerald becomes the latest high profile find at Colombia's legendary Muzo mine


June 11, 2012


Colombia's Muzo mines have over the centuries produced some of the finest emerald ever released onto the market, with the latest being a 207.3-carat rough stone that was discovered in February in the Tequendama shaft, about 74 meters underground.

Speaking to JCK magazine, Emmanuelle Thoeny Chamaillard, the marketing manager for the mine's sales arm, Geneva-based Muzo International, said the find was exceptional. ""We don't usually find this kind of rough, for the quality and the size," she stated.

Muzo International, a branch of Texma Group, was awarded exclusive mining rights to the mines in November 2009. Shortly thereafter, the company launched a new operation to cut and polish all newly produced Colombian emeralds from the legendary emerald producing region.

When cut and polished in Bogota, the newly discovered rough specimen produced four gemstones, two pears-shapes of 42.66 carats and 41.46 carats, and two cushions of 14.42 carats and 9.99 carats.

While impressive, the 207.3-carat pales in comparison to several of the larger stones discovered at Muzo. The 15,000-cart Fura Emerald was uncovered in 2000, and earlier this year was put on display at the Minergemas fair in Bogota.

A 12.01-carat blue-green gem from Muzo recently broke the world record for price per carat of an emerald sold at auction ($119,000), when it was bought at a Sotheby's auction in Geneva for $1.44 million.

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