International News
Tiffany & Co. Acquires Rare 7,500-Carat Kunzite for Bird on a Rock 60th Anniversary Collection
Tiffany & Co. has acquired a remarkable 7,500-carat kunzite, one of the largest and most exceptional specimens of its kind, to headline a special 60th anniversary capsule collection celebrating its iconic Bird on a Rock brooch.
Discovered over 25 years ago in Mozambique, the unenhanced kunzite crystal stands out for its extraordinary size, vivid natural colour, and exceptional clarity. It will be transformed into 10 custom-cut gemstones by Tiffany’s master cutters, each featured in a one-of-a-kind Bird on a Rock creation—paying tribute to the legendary design by Jean Schlumberger, first introduced in 1965.

“This kunzite of over 7,500 carats marks a significant moment in Tiffany’s legacy of exceptional gemstones,” said Victoria Wirth Reynolds, Chief Gemmologist and Vice President of High Jewelry Diamond and Gemstone Acquisition at Tiffany & Co. “Named in honour of Tiffany’s first Chief Gemmologist in 1902, this crystal’s exceptional size, clarity and colour are rare testaments to Mother Nature’s artistry. We are honoured to share this incredible gemstone with the world; by cutting 10 unique stones from the rough, it will be the perfect celebration to honour the 60th anniversary of the iconic Bird on a Rock.”
Kunzite, known for its striking lilac to deep purple hues, is named after Dr. George Frederick Kunz, Tiffany’s first Chief Gemologist and a pioneer in the world of coloured gemstones. A visionary mineralogist, Dr. Kunz was instrumental in establishing Tiffany’s legacy as a global leader in rare and exceptional gems. Kunzite, along with morganite, tanzanite, and tsavorite, remains one of the House’s most iconic “legacy gemstones.”
The Bird on a Rock design—originally inspired by a cockatoo—has long symbolised Tiffany’s creativity and craftsmanship. It has featured some of the world’s most exceptional gemstones, including the famed Tiffany Diamond. With this latest collection, Tiffany & Co. once again bridges heritage with innovation, celebrating a storied past while redefining modern high jewellery.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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