Jewelry Art with a Latin American Beat at MAD

Mariana Acosta

Tube socks, balloons, shattered windshields and more familiar materials are all interpreted as objects of adornment and artistic statements with a modern Latin American perspective in an exhibition at the Museum of Arts and Design in New York. 

Think Again: Latin American Jewelry is the first comprehensive overview of contemporary art jewelry from Latin America to be seen in the United States, according to museum officials. It contains more than eighty works by over fifty Latin American jewelry artists and designers from some 23 countries. 

Maria Constanza Ochoa

Latin America spans beyond the U.S. border in the north to the tip Antarctica in the south. While sharing Native American, Spanish and African heritage; culturally and historically the vast region is extremely complex. Add to this geography that includes vast mountain ranges, deserts, rainforests and island chains and the isolation these terrains represent, and you get an idea of the challenges of organizing an exhibit that represents such breadth—even though it takes up a small space on the second floor of the museum.

 

The guest-curator, Netherlands-based, Mexican-born architect Valeria Vallarta Siemelink, president of the Otro Diseño Foundation for Cultural Cooperation and Development, which organized the show, recognized this challenged and so she organized the show around three themes: “History, Memory, Tradition,” “A Knack for Invention” and “Seeking and Expressing Identity.”

The themes weren’t clear to me while viewing the exhibit and I don’t think it matters. If there is a commonality, it’s that the individual statements, use of materials and creativity employed are as diverse as the region these works represent.

Teresa Margolles

For example, one display houses two simple and elegant 18k gold rings by Teresa Margolles of Mexico (above). The sparkle from the pave patterns of these rings are the result of diamonds mixed with the shattered glass from car windshields. Margolles, an artist and forensic doctor, created these rings with the help of a jeweler who makes ostentatious jewelry for Mexican drug lords. The windshield glass was shattered during violent drug battles.

Raquel Paiewonsk

Compare that to a large display of coffee stained tube socks tied together to create a necklace that covers most of a person’s body (left). The work by Raquel Paiewonsky of the Dominican Republic, is an attempt to display how the quest for beauty often interferes with the body’s natural purpose. The socks represents breasts and despite poverty and inadequate healthcare, breasts implants are on the rise in the Dominican Republic, while only about 8 percent of women breastfeed their babies.

Reny Golcman

A large neckpiece displayed like a round cake with shades of gray, blue and green by Mariana Acosta of Mexico (first photo) is designed to protect the wearer against the grayness of northern winters. Another necklace made of deflated black and white latex balloons slightly filled with flour by Maria Constanza Ochoa of Colombia (second photo), is open to different interpretations. And there’s a necklace with a pendant adorned with a barracuda jaw bone that the artist, Reny Golcman of Brazil, describes as an exploration of taboo subjects like death (left).

The exhibition, which began October 12, will run through Jan. 8, 2011, at the museum located on 2 Columbus Circle.

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Anglo American Receives Regulatory Approval for De Beers Acquisition

London-based mining giant Anglo American said Friday that it has received final regulatory approval to acquire the Oppenheimer family’s 40 percent stake in the De Beers Group.

“Now that all the conditions to the transaction have been satisfied, a formal pre-emption offer will be served by CHL Holdings Limited (representing the Oppenheimer family interests) on Anglo American and the Government of the Republic of Botswana under the terms of the De Beers Shareholders' Agreement,” Anglo-American said in a statement Friday.

The Oppenheimer family, which has owned the De Beers Group for more than 80 years, announced in November that it will sell its remaining 40 percent stake in the diversified diamond company to Anglo American plc for $5.1 billion in cash. Consent under Section 11 of the South African Mineral and Petroleum Resources Development Act 2002 was the final approval required for this transaction to proceed.

The pending acquisition means that Anglo American will increase its current 45 percent shareholding in the world's largest diamond company to up to 85 percent, subject to adjustment as provided for in the agreement. In January 2012, the transaction was approved by Anglo American shareholders, with 99.94 percent voting in favor.

The Government of the Republic of Botswana, which currently owns a 15 percent stake in De Beers has the opportunity to participate in the transaction and increase its interest in De Beers, on a pro rata basis, to up to 25 percent.

In the event that the GRB exercises its pre-emption rights in full, Anglo American will acquire an incremental 30 percent interest in De Beers, taking its total interest to 75 percent, and the consideration payable by Anglo American would be reduced proportionately.

Anglo American expects the transaction to close in the second half of 2012, in line with its previously stated timeline.

De Beers is a family of companies that dominate the diamond, diamond mining, diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit, underground, large-scale alluvial, coastal and deep sea. Mining takes place in Botswana, Namibia, South Africa and Canada. The company’s subsidiaries also include the Diamond Trading Company, the rough diamond sales and distribution arm of the company, the Forevermark diamond brand and De Beers Diamond Jewellers, a luxury joint-retail operation with LVMH-Moët Hennessy Louis Vuitton.

Anglo-American is one of the world’s largest mining companies with a portfolio that includes iron ore and manganese, metallurgical coal and thermal coal; base metals – copper and nickel; and precious metals and minerals – in which it is a global leader in both platinum and diamonds. The company operates in Africa, Europe, South and North America, Australia and Asia.

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