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...
12 october 2026
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
Uranium to dislodge diamonds as Namibia’s top foreign currency earner
27 june 2011
Business research company, Frost & Sullivan, said uranium is poised to overtake diamonds as Namibia’s largest foreign currency earner. It said diamonds would, however, continue to play a key role in the southern African country’s mining industry.
Jewelry industry in May
20 june 2011
French luxury group LVMH, betting on Bulgari, has provoked considerable excitement not only in the Italian jewelry industry, but also in the luxury sector around the world. A $650-million private equity fund backed by the world's top luxury retailer LVMH is on the prowl for emerging Asian brands in the hope of transforming them into global names.
The iron question for ALROSA
14 june 2011
ALROSA has demonstrated impressive financial results for 2010. The deficit market and price surge heated up by fantastic demand from India and China make it easy for diamond producers to forget competition and if ALROSA goes listed, which is awaited by many in the industry with undisguised interest, then stock market quotes for the company’s shares may well become material embodiment of Varda Shine’s graceful metaphor about the advent of a “diamond decade.” However, there is one problem which is called Timir.
May market report
02 june 2011
Business activity in the diamond market in May is traditionally subsiding and then it is hardly possible to have anyone surprised by the general trend of rising prices. It would seem that the May market review could be ended right here, without any loss to reasoning. But still something important did happen.
U.S. jewelry market in 1Q 2011
30 may 2011
The first quarter of 2011 in the U.S. jewelry market can be compared to a thaw in a spring forest: sales started to grow, fresh profits came into view and prices continued to swell. It is noteworthy that the jewelry trade shows held in this period in the U.S. were particularly emphasizing new collections of eye-catching jewelry with precious and semiprecious stones of most unexpected colors and shapes heralding spring and loudly announcing the arrival of a new season.
Profits, growth and billions in the earth
25 may 2011
Diamond state-owned monopoly ALROSA has finally released its financial results for 2010 under IFRS. The company’s statement shows how confident management and proper use of market conjuncture may turn almost a bankrupt company into a pace-setting industry leader in just two years. The company’s first quarter results look even more encouraging: higher output on the backdrop of price hikes for rough promises a good financial performance this year, while the company’s recently published data on reserves gives a prospect for many years ahead.
Jewelry industry in April
23 may 2011
Due to steady growth in gold prices in recent years, many potential suppliers of gold jewelry were quick to raise their prices as well. To find and compare real prices for such gold jewelry pieces, many buyers have been increasingly using search engines to scan the Web. Sufficiently well-known web-sites offer a huge selection of goods with price tags, which clearly reflect the cost of jewelry.
Diamond paradox of BRIC
16 may 2011
Although the number of dollar millionaires and the middle class with regard to the total population in Russia and Brazil is very high, the world's fashion brands leave unattended the development of specific marketing strategies for these countries, unlike India and China. What is the reason? Why Russia and Brazil continue to languish on the sidelines of the diamond market, while their colleagues in the BRIC group are making a triumphant push forward?
The meeting, the importance of which is difficult to overestimate
10 may 2011
On April 19, 2011 the Delovaya Rossia Business Association hosted a meeting to discuss the establishment of a federal service to control the circulation of precious metals and gemstones in Russia. Every year the industry holds quite a number of various meetings, but this one was of a particular significance. And it was not because the meeting yielded some very important decisions. There was only one decision taken - to establish a work group to finalize the resolution adopted by the meeting. But the meeting was special because it actually turned out to be a point changing the trend from a quiet "crackdown" on the part of authorities toward a dialogue with business.
April market report
03 may 2011
This kind of phenomenon is set by nature: in the springtime everyone turns very convincing. People start talking a lot delivering pathetic harangues. And the future, as a rule, is painted in rosy safe colors. Surprisingly, it does work for the market as well. Speeches uttered by diamond manufacturers are increasingly resembling auto-training or sessions of mass hypnosis. "Supply falls short of demand." "Prices will rise, but not much." These words sound like a gentle lullaby - the only question is if we are really going to be hushed.
