Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Research indicates Western Arctic Ocean is acidifying four times faster than other oceans

04 october 2022

The Western Arctic Ocean is acidifying four times faster than other oceans as ice melts at record speeds. Melting ice has increased how fast Arctic waters are absorbing carbon dioxide, making them more acidic faster.

The change could disrupt entire marine ecosystems.

Ocean acidification occurs when seawater absorbs carbon dioxide from the atmosphere. With atmospheric CO2 increasing since the industrial revolution, oceans have become 30 per cent more acidic on average, with widespread consequences for marine ecosystems.

In most ocean basins, the rate of ocean acidification has closely followed increasing atmospheric CO2 levels.

From the data collected on 47 different expeditions to the Arctic between 1994 and 2020, and considering both pH levels as well as the saturation of the mineral aragonite, which affects whether organisms like coral and oysters can build shells, researchers noticed that lower levels of both measures correspond to more acidification.

They found pH decreased about four times faster in the western Arctic on average than in other oceans during the same period. Aragonite saturation decreased three times faster than in other oceans. The area of ocean with low pH and low aragonite grew from almost nothing in 1990 to about 7 per cent of the entire Arctic Ocean in 2020. Arctic ecosystems are especially sensitive, though the effects of acidification versus other changes like warming aren’t yet clear.

According to researchers, melting ice is behind the exceptionally rapid rate of acidification. Seawater newly exposed to air gobbles up CO2. Meltwater also dilutes compounds that serve to buffer absorbed CO2 and decreases the amount of mixing between the surface and the deep ocean. The disappearing sea ice is behind the higher rate of acidification, but other factors could also be involved.

Aruna Gaitonde Editor in Chief of the Asian Bureau, Rough&Polished