Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Magmatic rock body containing strategic metals found on Kola Peninsula

25 october 2022
Scientists have discovered a dike in the Kovdorsky district - a magmatic rock body, which is a deep substance of the Earth's mantle frozen in the earth's crust, the press service of the Ministry of Science and Higher Education of Russia reports. Dike minerals contain high concentrations of rare strategic metals, which exceed similar concentrations in super-large rare-metal deposits. The study makes it possible to evaluate the concentration process of rare elements at the latest stages of alkaline magmas.
The study was carried out by scientists of the Vernadsky Institute of Geochemistry and Analytical Chemistry, a unit of the Ministry of Science and Higher Education of Russia.
Alkaline magmas are a specific type of melt, rare but very important from an economic point of view. For example, the world's largest Kola alkaline-carbonatite province includes two giant alkaline foliated complexes - Khibiny and Lovozero, which are associated with super-large deposits of strategic metals - niobium, tantalum, zirconium, hafnium, rare earth metals, and phosphorus.
Strategic metals are valuable because they fundamentally change the properties of materials. For example, adding a small amount of the rare earth element scandium to aluminum alloys triples their strength and creates ductility. In addition, rare earth elements are used in various branches of technology: in radio electronics, instrumentation engineering, nuclear technology, mechanical engineering, chemical industry, and metallurgy.
These deposits occupy a leading place in the structure of the Russian mineral resource base. In addition to gigantic complexes on the Kola Peninsula, there are also smaller bodies, as well as thousands of small bodies - dikes (vertical geological bodies or, in other words, igneous veins) of alkaline rocks.

Vladimir Malakhov, Rough&Polished