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

China: "Will not acknowledge Arctic Council without Russia"

19 october 2022
Special Envoy to the Arctic for China, Feng Gao, says China will not support Norway's chairmanship of the Arctic Council if Russia is still banned.
In the spring, Western states decided to refuse to participate in the activities of the working bodies of the Arctic Council during the presidency of Russia in connection with the special operation in Ukraine.
There are legal disputes over Norway’s upcoming chairmanship to the Arctic Council next year. Without consensus from all 8 members of the council, it is questioned whether Norway can assume the chairmanship at all in May 2023, highnorthnews.com writes.
“The Arctic Council is based on a declaration and there is no procedure for leaving the council. I doubt that the chairmanship can be transferred to anyone or that Norway can take over the chair without Russia from a legal point of view,” says Gao.
When questioned whether China will still show up as an observer state to the council if Russia is still banned from the council, the Minister says that there is no solution to this question right now. 
The Arctic Council was established in 1996 on the initiative of Canada with the aim of cooperation in the field of environmental protection and sustainable development of the circumpolar regions. It includes seven more Arctic countries: Russia, USA, Denmark, Iceland, Norway, Finland and Sweden.

Alex Shishlo for Rough&Polished