The ruby has been formed like an apple, and will be sold to the highest bidder when the auction closes in December. Photo: Nukajaraq Olsen/google+

Greenlandic ruby on auction in the US


by Svein Magnason

A ruby gemstone found near Qeqertarsuatsiaat in south west Greenland is going on auction in Los Angeles in December.

Although industrial mining is not yet established in Greenland, several small-scale projects are taking place on the world's largest island. 

Earlier this year two locals found a rudy stone weighing 443 grams. The stone has been polished and formed like an apple and a golden leaf has been attached to the gem. 

"We want to show the locals that it is possible to earn money from the resources around us," said Nukajaraq Olsen, one of the discoverers, to Sermitisiaq

The apple formed Greenland ruby goes on the market in October, and comes under the hammer in Los Angeles in December. 

Gemstones are not uncommon in Greenland, but exploitation activity remains limited. A new company, True North Gems announced its plans to open a ruby mine in the Qeqertarsuatsiaat area earlier this summer. 

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