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The region’s red coral harvest reached a peak of nearly 100 million tons in 1978 and then declined rapidly. International fishing treaties drafted by the U.N.’s General Fisheries Commission ...
The Torrese pride themselves on making an honest living off a $217 million international red coral jewelry and cameo trade. ... Italian red coral is considered the most precious coral on the ...
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It is said a spectacular Corallium necklace can fetch up to $20,000 (£10,000) in US boutiques. Campaigners professed they were delighted with the outcome. "Red coral is the most valuable and widely ...
Nowadays, red coral jewelry has lost its religious shine, but not its cachet, with high-quality specimens going for $10,000 per kilogram (about $4,500 a pound).
Trade in red and pink corals prized as jewelry for 5,000 years will be restricted to try to help the species recover after drastic overexploitation, a U.N. wildlife conference agreed on Wednesday.
The red coral colonies that were transplanted a decade ago on the seabed of the Medes Islands have survived successfully.
Red and pink coral (also known as Corallium) are a type of deep-sea precious coral found in the Mediterranean and Pacific. Between 30 and 50 metric tonnes of these corals are fished annually to meet ...