DiamondBuzz
Angola calls for African unity to revive natural diamond market
Angola’s Minister of Mineral Resources, Diamantino Azevedo, urged African diamond-producing nations to coordinate strategies and launch unified global campaigns to restore natural diamond prices and market position.
Speaking at a ministerial roundtable in Luanda, Azevedo emphasized that consumers should understand that buying natural diamonds supports “real human transformation” across Africa, funding schools, hospitals, and infrastructure development.
Key Points:
- Africa produces over 65% of global rough diamonds, led by Angola, Botswana, South Africa, Namibia, DRC, and Sierra Leone
- Angola produced 14+ million carats in 2024 (96% of target) and inaugurated the massive Luele mine
- The country is expanding the Saurimo Diamond Development Pole with 19 new factories and establishing the Angola Diamond Exchange
- Angola is preparing to formally join the Natural Diamond Council
The one-day summit brought together mineral resource ministers from major African diamond producers to address industry challenges and promote the positive impact of natural diamonds on producing communities.
Azevedo stressed that true wealth lies not in carats extracted but in the value we retain, the future we build, and the dignity we preserve.
DiamondBuzz
Motorsport Meets High Jewellery: Hannah St John Turns Heads with ‘La Velocita’ Diamond Necklace at F1 Event
A 25-carat, 1,800-diamond Masterpiece Inspired by Formula 1 circuits Takes Centre Stage at the Glamour on the Grid ahead of the Australian Grand Prix
At the glamorous lead-up to the Australian Grand Prix, Hannah St John, partner of Liam Lawson, made a striking statement at the Glamour on the Grid event with a one-of-a-kind diamond necklace that seamlessly blended motorsport and haute jewellery.
Titled “La Velocit” (The Speed), the necklace was crafted by Australian atelier Martin Rogers Jewellery. The extraordinary piece features approximately 1,800 diamonds totalling 25 carats, intricately arranged to trace the outlines of iconic Formula 1 circuits from the global racing calendar.
A true testament to craftsmanship, the necklace required an estimated 250–300 hours of meticulous handwork, including weeks dedicated solely to precision diamond setting. Valued at around AUD $500,000 (approximately $350,000 USD), the piece stands as a bold fusion of speed, design, and luxury artistry.
Blurring the lines between engineering inspiration and fine jewellery, “La Velocità” captured attention across the paddock, proving that Formula 1’s influence extends far beyond the track.
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National News1 day agoAKSHAY TRITIYA 2026 – Healthy Footfalls, Jewellery Sales Across India, Estimated 18–20 Tonnes Of Business Recorded
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National News21 hours agoAkshaya Tritiya 2026:Indian Consumers Balanced Record-High Prices With Age-Old Traditions
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DiamondBuzz1 day agoMotorsport Meets High Jewellery: Hannah St John Turns Heads with ‘La Velocita’ Diamond Necklace at F1 Event
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