loader image
Connect with us

International News

Angola aims to increase annual production to 17.53m carats by 2027; become the world’s third largest rough producer.

Published

on

394 Views

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

International News

The Next Generation Metal In Jewelry Collections Yuliya Kutovaya Jewelry

A Rare Fusion Of Eastern Heritage and Cutting-Edge Metallurgy, The Lagan Osmium Collection Redefines Contemporary Jewelry Design

Published

on

1,939 Views

Jewelry designer Yuliya Kutovaya presents the new Lagan Osmium collection, created in collaboration with the Osmium Institute. The collection embodies a contemporary approach to design, merging tradition with innovation.

At the core of the concept lies the aesthetic of traditional Eastern culture combined with the uniqueness of osmium as an innovative jewelry material.

Yuliya Kutovaya Said:

“The idea for the collection originated from the image of the Uzbek lagan — a round, decorated serving plate traditionally placed at the center of the table, around which guests gather. In my imagination, I sought to unite this symbol of Eastern hospitality with a material that represents something truly unique and captivating. Osmium became a metaphor for the central element around which form and ornament are built.”

Crystalline osmium is an innovative platinum group metal — the rarest and densest precious metal in the world. It is highly resistant to external influences, and its natural structure does not require cutting.

The Lagan Osmium pieces are adorned with the refined vegetal “Islimi” pattern — a traditional Eastern ornament commonly found in wood carving. The tactile relief of the jewelry conveys the sensation of natural surfaces, while the contemporary interpretation of the ornament reflects the artistic heritage of Uzbekistan.

The design allows for transformation: the central osmium element can be easily removed.

The collection already has its own story. Last year, Yuliya Kutovaya presented her design at the Osmium Visionary Contest in Germany and subsequently continued her creative collaboration with the Osmium Institute. The collection will be showcased in May at the international exhibition GemGenève in Switzerland.

Continue Reading

Trending

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.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x