Small spinel stones with good transparency and fine cobalt-blue colour can sell for about 10 times the price of a comparable sapphire.
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Spinel Color and Magnetism, Blue Spinel and Cobalt Spinel
The two scapolite spectra (left) and SAM mapping results (right) from
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RARE Color- 6.0cts Natural Unheated Cobalt Blue Spinel(never seen before)
Spinel - Wikipedia
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Ridiculously rare gemstones found in Northern Canada - The Weather Network
Sodalite: The rare blue mineral used as a gem.
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0.35 ct. Canadian Cobalt Spinel - The Gem Trader Rare Gems — The Gem Trader
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Spinel Color and Magnetism, Blue Spinel and Cobalt Spinel