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Love, Light, and Legacy: Jacob & Co. Unveils the $3.4m Angel Cut Diamond Watch

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Forget everything you thought you knew about diamonds being just…sparkly. Jacob & Co. has decided to flip the script—and in true high-drama fashion, it’s not just about shine anymore, it’s about storytelling carved in stone. To mark its 40th anniversary, the maison introduces something that feels less like a gemstone and more like a manifesto: the Angel Cut. Not a remix. Not a tweak. A full-blown reinvention of how a diamond catches light—and attention.

The Angel Cut is defined by its distinctive lozenge-shaped table within a rectangular form with cut corners, designed to precisely control the movement of light. This unique geometry creates a refined, dimensional glow rather than intense sparkle, resulting in a look that is fluid, balanced, and architectural.

Meticulous calibration of crown height, pavilion depth, and facet alignment enhances internal reflection while ensuring even light distribution. By minimizing extinction and softening contrast, the cut produces a seamless, continuous radiance. Its sophisticated optical performance makes it especially effective in low-light settings, such as diamond-set watch cases, where consistent luminosity is essential.

At the heart of this innovation is Jacob Arabo himself. The Angel Cut isn’t just a technical flex; it’s a love letter. Inspired by his wife Angela, the design holds exactly 37 facets—a subtle, intimate nod to their 37-year journey together. In an industry obsessed with carats and clarity, this is something rarer: emotion engineered into geometry.

It’s this duality—precision and passion—that gives the Angel Cut its edge. It exists at the intersection of science and sentiment, where cold, calculated angles somehow translate into warmth, memory, and meaning.

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DiamondBuzz

Global Diamond Consortium Announces Agreement To Acquire Anglo American’s Stake In De Beers In Landmark $1 Billion Transaction

Consortium Commits An Additional $500 Million Post-Acquisition Capital Injection and Enters Strategic Dialogues With The Government Of Botswana.

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The Global Diamond Consortium, a strategic partnership comprising the governments of Namibia and Angola alongside leading global diamond traders, today announced an agreement to acquire Anglo American’s equity stake in De Beers.

Key Transaction Terms & Reinvestment Strategy

Under the terms of the agreement:

  • Initial Consideration: The consortium will pay $750 million upfront upon closing.
  • Deferred Consideration: An additional $250 million will be paid in subsequent installments, bringing the total transaction value to $1 billion.
  • Post-Acquisition Capital: The consortium has committed to injecting approximately $500 million in fresh capital directly into De Beers following the acquisition to stabilize operations and fuel long-term operational initiatives.

Navigating Market Dynamics

The acquisition marks a pivotal turning point for De Beers, which has faced significant broader market downturns in recent years. After reaching a peak valuation of $17.6 billion in 2001, De Beers’ reported book value adjusted to $2.3 billion earlier this year. The consortium’s capital injection aims to position the iconic diamond producer for renewed stability and sustainable value creation across the global supply chain.

Strategic Regional Collaboration

Central to the transition is the consortium’s commitment to producer-nation equity and strategic alignment. In addition to the direct participation of the governments of Namibia and Angola, the consortium is actively negotiating with the Government of the Republic of Botswana.

Botswana, which currently holds a 15% stake in De Beers, has expressed a formal intent to increase its ownership share as part of the strategic restructuring.

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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.

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