COLORADO DIAMONDS: TOO LITTLE OF A GOOD THING

Colorado consumers love diamonds mined at the Kelsey Lake facility on the state’s border with Wyoming. Trouble is, the mine closed last September, pending sale by its majority owner, and supplies are rapidly dwindling. “Our goods were incredibly well received,” says mine director Howard Coopersmith, who discovered the remote site 8,000 feet up in the Rocky Mountains. Adds Steve Rosdal, co-owner of Hyde Park Jewelers in Denver, “All of the ingredients for success are there. But we need supplies to do a proper marketing program for them.” Hyde Park was the first retail jeweler to embrace Colorado’s diamond shortly after the mine opened two years ago. The mine ran for about a year at half-capacity, producing some 12,000 carats, until its majority owner, Redaurum Ltd. of London, put all its mining properties up for sale so it could concentrate on exploration. For Kelsey Lake,
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