Deep Dive
The Price of Purple
Amethyst, once as prized as rubies, saw its value drop after large deposits were found in South America. Yet, Uruguay's Las Torres Mine still produces some of the most expensive geodes.
Mining Challenges
Extracting amethyst from volcanic basalt is tough. Miners use controlled explosions to clear rock and expose geodes. Iron rods guide them in cutting around the geodes.
Processing and Crafting
After extraction, amethysts are washed and sorted. Artisans like Ricardo Martinez shape them using diamond disks, fixing minor flaws but major breaks can slash their value.
Market Dynamics
While diamonds struggled during the pandemic, demand for amethyst soared. Le Stage Minerals, a key exporter, benefits from this trend, selling both large and small pieces.
Finding Buyers
Large geodes, like a 26-ton specimen, can take months to process and years to sell. Producers often rely on international retailers to connect with buyers.