OurBuzz
Insane & Co. Introduces Tech-Infused Jewellery for iPhones
Insane & Co., a luxury jewellery brand, has launched a unique range of tech-infused jewellery for iPhones that adds a touch of glamour to the device, transforming it into a stylish fashion accessory. The collection includes iPhone Battery Pendants, iPhone Camera Rings, Volume Rings, iPhone Volume Pendants, iPhone Double Camera Pendants, iPhone Button Pendants, and iPhone Camera Pendants.
Each piece of jewellery is made from 92.5 sterling silver, and only a single unit of each product is available online at a price range of Rs. 9,999. The brand has incorporated cutting-edge technology into each piece, ensuring reliable and efficient performance. Insane & Co. has become a leading name in the luxury jewellery industry, specialising in creating unique, one-of-a-kind jewellery pieces.
DiamondBuzz
Lesotho’s Kao Diamond Mine To Halt Operations Amid Industry Slump
The Mine’s Operator, Storm Mountain, Cited A Severe Financial Crisis Driven By A Prolonged Drop In Global Rough-diamond Prices, Rising Middle East Conflict
Lesotho’s largest diamond mine, Kao, will cease operations on June 30 and transition to care and maintenance. The mine’s operator, Storm Mountain, cited a severe financial crisis driven by a prolonged drop in global rough-diamond prices, rising Middle East conflict-related fuel costs, and stiff competition from lab-grown diamonds.
Despite a warning last October that the mine required $13 million in fresh capital to survive, the necessary investment did not materialise. According to CEO Neo Hoala, the steep market decline made continued operations unsustainable. The shutdown will impact roughly 750 workers.
The mine’s financial downturn is stark: in 2024, Storm Mountain sold 250,000 carats for $50 million—a massive drop from its $105 million revenue in 2022. Kao’s suspension reflects a broader crisis in the diamond sector, following recent insolvencies and closures at Canada’s Ekati mine and South Africa’s Ekapa and Finsch mines.
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Lesotho’s Kao Diamond Mine To Halt Operations Amid Industry Slump
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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.