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

Expert: a "digital twin" should be created for Norilsk

14 september 2022

A "digital twin" is a digital copy or representation of a physical object

A "digital twin" should be created for the Norilsk further development and included in the city's development strategy, said Alexander Vorotnikov, Deputy CEO of Project Office for Arctic Development, at a meeting of the Project Expert Center’s discussion club.

A "digital twin" is a digital copy or representation of a physical object.

"Now a digital twin is a very important topic. <...> Why not make such a project in Norilsk, a digital twin of the city. If we develop, make, prepare and launch such a project, this will allow us to manage the development of Norilsk very clearly and competently", - said Vorotnikov.

According to him, such a project should be included in the Norilsk development strategy until 2035, which is currently being implemented in the polar city. Dmitry Karasev, Mayor of Norilsk, noted that steps are being taken in this direction. “At this stage, we have a picture of housing and public utilities, public transport, we have a picture from some public places, but they have not been transformed into the Smart City system, and we would like to move in this direction and will be grateful if such a system part appears," Karasev said.

About the Norilsk Comprehensive Development Plan

The Norilsk Comprehensive Development Plan until 2035 provides for ₽120.1 billion of investments. The federal budget funds sponsored ₽24 billion, the Krasnoyarsk Territory - ₽14.8 billion and Nornickel - ₽81.3 billion.

Norilsk is one of the northernmost cities in the world. It is home to 180,000 people, 26% of whom are Nornickel’s employees. The city’s mass building was carried out in the 1940s-1950s and 1960s-1990s. New construction projects are not currently being implemented. According to Nornickel's previously announced plans, about 100 new houses with a total area of 400,000 square meters will be built by 2035.