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...

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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...

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South African diamonds head to Hong Kong: SDT partners with BRINKS for JGW 2026

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David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle

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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

Finland blocks legal export of Russian icebreaker

05 october 2022
The Finnish Foreign Ministry reported today that it is preventing the export of the icebreaker ordered by Russia to this nation's shipyards.
It is the contract construction of the Russian mining and metallurgical company Norilsk Nickel (Nornickel), plenglish.com reports.
A Sputnik news agency report added that that Finnish ministry issued a negative decision on the export license for the icebreaker ordered by Norilsk Nickel (the decision was made on September 30).
On January 18, it was reported that the Finnish shipyard Helsinki Shipyard ОY, which belongs to the co-owners of the Russian river cruise company Vodohod, would build an icebreaker for Nornickel. Work was to begin in 2022 and delivery of the vessel would be in 2025.
In that regard, the new 30-megawatt icebreaker would be used on the Yenisei River and in the Kara Sea, escorting ships to the port of Dúdinka in northern Siberia.
Helsinki Shipyard ОY is a Finnish shipbuilding company of which Helsinki Shipyard is a part. It is primarily responsible for building icebreakers and reinforced hull vessels for Arctic regions. 

Alex Shishlo for Rough&Polished