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
Savings Rate
01 february 2010
The past Christmas sales season proved a certain recovery of the jewelry market in comparison with the fizzling year of 2008. Do the modest successes of jewelry retailers and impressing achievements of diamond miners reflect a steady recovery trend for these markets or are they only a sign of respite before a new and long nosedive?
African countries: future hyper-economies?
01 february 2010
For the last decade, African economic growth has averaged over 5%, second only to the hyper-economies of India and China. According to The African Report Magazine, if Africa positions itself as leading supplier to Asia’s fast-track economies, it can break through the 7% GDP growth barrier.
Diamond Miners Bottom out of Crisis
25 january 2010
At the time of highest aggravation of crisis phenomena rough and polished diamonds and diamond jewelry slumped in their output and sales as much as ten times which may be viewed as critical for survival of any kind of business. At the same time, recently many market players and analysts give notice of a recovery in the diamond market.
Who is benefiting from Namibia’s minerals, as eyes slowly shift from diamonds to uranium?
18 january 2010
It is estimated that Namibia’s inland diamond output will decline sharply in the year 2020 as deposits are exhausted, a situation that is now forcing the government, albeit, slowly to shift its attention to marine exploration and mining.
Will Angola stem illegal diamond mining, trading by revoking artisanal miners’ licenses?
11 january 2010
Partnership Africa Canada (PAC) recently said in its Diamonds and Human Security Annual Review 2009 report that Angola has weak internal controls of gems produced by artisanal miners or garimpeiros. PAC said despite a new artisanal diamond law introduced in Angola, the regulations had proved difficult to implement, as it was nothing but a verbatim of the old law, which failed to stem illegal diamond activities.
2009: Diamond Market becomes... a Market
28 december 2009
The diamond market, always considered as one of the most stable markets, has weathered a hard year, however its main challenge lies ahead – for the first time in history it departs from artificial regulation and becomes competitive.
Diamond Market in 2010
21 december 2009
The year 2009 has revealed that competition between major diamond mining companies is already a reality and this is the very thing which will define any further development of the diamond market. The current financial situation of diamond miners is such that any attempt of an outright price war between them may appear pernicious for all. Therefore trying to decrease diamond mining costs will become the basic area of competition.
The Problem of Debt and Cost Competition is the Main Outcome of Diamond Market 2009
14 december 2009
Probably the main problem set before the diamond market by the expiring year is the unprecedented level of debts burdening the leading diamond miners – De Beers and ALROSA. Under the current conditions the problem of re-structuring these debts becomes an important factor of competition which defines, among other things, the mid-term distribution of market shares between these companies.
The offspring of the Great Recession: the ‘new normal’
09 december 2009
As the world marked a year since the onset of the global financial meltdown and severe recession that followed, analysts and journalists have identified a new phenomenon that is a direct result of the crisis which is being called the 'new normal', AWDC reports.
Smillie says KP completely irresponsible, living in dream land
07 december 2009
The Kimberley Process recently resolved at a meeting held in Namibia not to suspend Zimbabwe from participating in the global diamond trade despite heavy criticism from human rights activists. SW Radio Africa interviewed Ian Smillie, a leading expert on conflict diamonds, and he expressed his disappointment with decision taken by the Kimberley Process regarding Zimbabwe’s diamonds.
