International News
Angola aims to increase annual production to 17.53m carats by 2027; become the world’s third largest rough producer.
Angola aims to increase annual diamond production to 17.53m carats by 2027, and to become the world’s third largest rough producer.It is forecasting a 50 per cent increase in diamond revenue this year from $1.4bn in 2024 to $2.1bn.
Angola has vast mineral wealth – including huge, unexplored diamond reserves – but the devastating civil war (1975 to 2002) has hampered its economic development.However, De Beers and Rio Tinto are now prospecting, and in November 2023 the new Luele (formerly known as Luaxe) mine opened. It will eclipse Catoca as the country’s biggest mine, and is expected to produce 6m carats annually.
As part of its National Development Plan 2023-2027, Angola plans to channel diamond mining revenues into food security, employment generation, and poverty reduction.It recovered 9.8m carats in 2023, maintaining its position as the world’s sixth biggest rough producer and was expected to produce up to 14.6 million carats in 2024.
International News
Chanel Elevates High Jewellery Timepieces with Playful Luxury at Watches and Wonders
Blending haute joaillerie, horology, and pop culture, Chanel unveils the Coco Game and Noeud de Camélia collections
At Watches and Wonders, Chanel reaffirmed its strength in horology, unveiling a striking lineup of high jewellery timepieces that merge craftsmanship with creativity.
At the heart of the launch is the Coco Game capsule collection, inspired by a luxurious chessboard concept where Gabrielle Chanel appears as the central queen. Crafted in gold, ceramic, and diamonds, these artistic pieces double as secret timepieces, with hidden dials discreetly placed beneath their bases and wearable as necklaces.
The collection extends into graphic, pixel-inspired designs, drawing from retro arcade aesthetics. A standout includes a sculpted figure of Mademoiselle in 18k white gold, set against a diamond-studded dial. The new J12 Coco Game watch, available in black and white ceramic, features a pixelated motif accented with brilliant-cut diamonds.
Balancing playfulness with elegance, Chanel also introduced the Noeud de Camélia collection—a refined series of secret watches and a ring inspired by Mademoiselle’s iconic camellia flower, blending timeless design with hidden functionality.
Through these collections, Chanel seamlessly combines high jewellery, precision timekeeping, and artistic storytelling, proving that luxury can be both sophisticated and imaginative.
Mark this Mother’s Day with something as precious as she is, with Candere by Kalyan Jewellers
Celebrate Mother’s Day with Zen Diamond’s Tören Collection, Where Celebration Meets Contemporary Design
Government Signals Move to Regulate India’s Fast-Growing Digital Gold Sector
-
New Premises3 days agoVBJ Opens All-New Flagship Showroom At Anna Salai, Chennai
-
National News1 day agoMark this Mother’s Day with something as precious as she is, with Candere by Kalyan Jewellers
-
BrandBuzz2 days agoGovernment Signals Move to Regulate India’s Fast-Growing Digital Gold Sector
-
National News2 days agoCelebrate Mother’s Day with Zen Diamond’s Tören Collection, Where Celebration Meets Contemporary Design
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.