New Mineral Found Inside Gemstones In Israel

Israel-focused precious stones junior Shefa Yamim (LON, TLV:SEFA) announced Monday a scientific discovery that may make its gemstones more valuable than they’ve ever been, as researches have confirmed the presence of a new mineral inside them.

According to an article published in the journal Minerals last month, the new mineral — named Carmeltazite, after Mount Carmel in northern Israel — contains titanium, aluminium and zirconium.

The element, first discovered by Shefa Yamim, is now recognized and approved as a new mineral by the International Mineralogical Association, the company said.