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

The damage from the melting of permafrost in the Arctic until 2050 is estimated at 7 trillion rubles

21 april 2023
The amount of damage that can be inflicted on the Russian economy as a result of the melting of permafrost in the Arctic zone may reach seven trillion rubles by 2050.
At the same time the degradation of permafrost soils is already the cause of 29% of losses arising from oil and gas production, porarctic.ru writes with reference to the statement of the head of the Department of Development of the Russian Arctic and the implementation of infrastructure projects of the Ministry of Regional Development Maxim Dankin.
The assessment of potential losses for industrial civil facilities in the Arctic has increased markedly. So, in 2021, the head of the Ministry of Natural Resources, Alexander Kozlov, said that by 2050 this damage could amount to five trillion rubles.
The deterioration of the forecast is a sign of the seriousness of the problem faced by both Arctic ecosystems and high–latitude settlements in Russia. The development of the cryolithozone warming processes is fraught with serious obstacles to the further development and economic use of the polar territories.
That is why it is necessary to deepen work in the direction of studying the nature and dynamics of temperature changes in the Far North.
This task will be partially solved with the launch of a system of state monitoring of the state of permafrost, the bill on which is under consideration by the State Duma of the Russian Federation.
But in addition to the organization of observation, in the future it will also be necessary to develop methods of effective counteraction to destructive processes occurring in the thickness of permafrost soils.

Alex Shishlo for Rough&Polished