[The Squatter of Amon Rûdh]

If Nauglamír is an answer to my clue, I should point out that we're on a new one now. To satisfy your curiosity, though, I'll tell you that it isn't the solution.

Since I mean to recycle 'worldly jewellery' until someone solves it, I can't give Turambar the answer either. Looks as though you'll have to exercise your wits, old boy.

Coyote's banes? Giants? Sounds to me like a reference to The Hobbit. Presumably the coyote here is the Road Runner's arch enemy, who was regularly crushed by falling stones. I seem to recall that it's rocks that the stone-giants hurl at one another. Could that be the answer?