Emeralds are green and sometime green with a blueish-tint precious gemstones that are mined in various geological settings. They are minerals in the beryl group of silicates. For more than 4,000 years, emeralds have been among the most valuable of all jewels. Colombia, located in northern South America, is the country that mines and produces the most emeralds for the global market, as well as the most desirable. It is estimated that Colombia accounts for 70–90% of the world's emerald market.[1] While commercial grade emeralds are quite plentiful, fine and extra fine quality emeralds are extremely rare. Colombian emeralds over 50 carat can cost much more than diamonds of the same size.[citation needed]
The Colombian departments of Boyacá and Cundinamarca, both in the Eastern Ranges of the Colombian Andes, are the locations where most of the emerald mining takes place.[2]
Although the Colombian emerald trade has a rich history that dates as far back as the pre-Columbian era, the increase in worldwide demand for the industry of the gemstones in the early 20th century has led prices for emeralds to nearly double on the global market. Until 2016, the Colombian emerald trade was at the center of Colombia's civil conflict, which has plagued the country since the 1950s.[3]
^CiCeRi LLC Colombian Emeralds. "Emerald: The Queen of Gems". Archived from the original on 2013-08-25. Retrieved 2013-05-07.
^Cite error: The named reference Proexport was invoked but never defined (see the help page).
^"Colombia: Emeralds and Bullets". Time. July 12, 1971.
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