Exclusive
Diamond market crash is Africa’s opportunity, not its crisis – M'zée Fula Ngenge
Global natural diamond supply is forecast to fall below 95 million carats this year, the lowest since 1987. For Dr. M'zée Fula Ngenge, chairperson of the African Diamond Council (ADC), this is not a death knell but a clarion call. In an exclusive...
Yesterday
Tracr passes 5 million rough diamonds milestone as De Beers expands provenance push
De Beers Group's blockchain-enabled traceability platform Tracr reached a significant milestone in 2025, with more than 5 million rough diamonds individually scanned and registered, up from 2.8 million cumulative registrations reported in 2024. The...
28 september 2026
South African diamonds head to Hong Kong: SDT partners with BRINKS for JGW 2026
South Africa’s State Diamond Trader (SDT) has confirmed the country's participation in Jewellery & Gem World Hong Kong (JGW) 2026 through a partnership with BRINKS. SDT marketing and communication manager Tsholofelo Gopolang Tselapedi...
14 september 2026
David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle
In this interview with Rough & Polished’s Mathew Nyaungwa, PhotoScribe Technologies president and chief executive David Benderly explains how PermaScribe differs technically from conventional laser inscription, its potential to strengthen security, and...
31 august 2026
The great reset: Paul Zimnisky on supply catharsis, De Beers' bargain and the case for natural diamonds
The natural diamond industry is in the throes of its most profound reset in a generation. Supply is plunging to its lowest level since 1987 and De Beers—once valued at over $9 billion—is reportedly being sold for as little as $1 billion.
Lab-grown...
10 august 2026
Indian jewelry industry in April: navigating towards sustainable development
18 may 2015
The Indian diamond industry was on a slow track during the month of April. Demand from overseas buyers, as well as local demand was much lower than the earlier months, but the quiet market is attributed to the off-season during this part of the year.
Diamond manufacturing in Russia – Is a breakthrough possible?
12 may 2015
In the global market of rough and polished diamonds Russia is formally represented in all parts of the diamond pipeline. However, though Russia is one of the world’s pace makers in diamond mining and rough sales, its share in global diamond cutting and polishing is about four percent, while in jewelry making and retail it is less than one percent. And this kind of structure of the Russian rough and polished diamond industry conceals a considerable potential for its development.
ALROSA: results of first quarter, most difficult for the past 5 years
05 may 2015
The major highlights in the "production part" of ALROSA’s trading update for the first quarter of 2015 were the miner’s growing output due to its new diamond fields (Botuobinskaya and Karpinski-1), as well as the signs that the Mir mine would finally reach its long-awaited full production capacity. In terms of diamond sales, ALROSA avoided to oversaturate the market from January to May, giving a respite to its customers and having improved the product mix put up for sale to offset the effect of lower prices.
Colored Diamonds Proving Their Worth As Investment Vehicles
27 april 2015
Every diamond needs to find its niche, and with trading conditions in the global trade remaining tough, the colored diamond business is increasingly promoting itself as the investment diamond vehicle.
Investor Day: ALROSA in anticipation of new president
20 april 2015
ALROSA held its first Investor Day in London on April 7, 2015 introducing its plans for the current year and sharing its vision of the market situation. The Acting President of ALROSA, Ilya Ryaschin confirmed that diamond mining remains a strategic priority of the company, as well as getting rid of non-core assets and deleveraging. The market did not expect any course-changing from the management of ALROSA, although from the end of April the policy of the world’s largest diamond miner will be determined by its new president.
A new season of life ushered for diamond business in March?
13 april 2015
Despite a slowdown in consumer markets in Europe and the Middle East, the Indian diamond industry is totally geared up to cater to larger markets like the United States and China. The post Signature IIJS period has been rather fruitful for the industry as overseas buyers, especially from Hong Kong, have arrived in large numbers to Mumbai, making Bandra Kurla Complex (which houses the Bharat diamond Bourse, as well as many diamond firms) now look like mini-China.
Israel Sends Strong Message to Producers: Sell More to Us
06 april 2015
When it comes to the issue of securing rough diamonds, Israel does not have many advantages in being able to bring in the large quantities of goods it needs. But as its diamond sector leadership stresses repeatedly, it does have a huge entrepreneurial spirit that has enabled it become a center that imports $5 billion of goods annually. In financial terms, it is as if the country were buying almost all of De Beers' annual production.
ALROSA’s performance in 2014: highs and lows of devaluation
30 march 2015
The financial highlights of 2014 posted by ALROSA in line with the IFRS on March 23, 2015 were positively predictable. The miner’s EBITDA reached 93.9 billion rubles, which is 36% up over 2013. Last year, ALROSA boosted its consolidated revenue by 23% to 207.2 billion rubles. These numbers almost matched the forecasts from investment banks and, as many of them believed, were incorporated into the company’s stock prices (its shares rose 19% on the Moscow Stock Exchange year to date).
Recycled diamonds: Reducing Demand For New Polished?
23 march 2015
More than six years after the global economic crisis struck, one offshoot is continuing to have an effect on the diamond and jewelry industries, and that is recycled diamonds. Although, at an estimated five percent of the market, old diamonds remain a minor element, their share is continuing to grow despite the recovery of the American economy. It was following the financial crash of late 2008 and the deep recession that followed, with millions of jobs lost and hundreds of thousands of home foreclosures, that many people began selling off family heirlooms in an often desperate bid to raise cash quickly.
Access to Credit and Diamonds as Investment: Killing Two Birds with One Stone
16 march 2015
Some among the many challenges that the industry is facing have common roots, and they should be tackled together to maximize the efficiency of new policies. A typical case is the one of access to credit for midstream diamantaires and promotion of diamonds as investment. Despite involving two different sections of the pipeline, these two challenges seem to share the same cause: lack of confidence in the purchase and sale processes.
