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

Norilsk Nickel is implementing a program aimed at increasing cargo volumes to be transported along the Northern Sea Route

19 june 2023
Norilsk Nickel is implementing a program aimed at increasing cargo volumes to be transported along the Northern Sea Route (NSR), although with a slight delay, Andrey Grachyov, Vice President for Federal and Regional Programs of MMC Norilsk Nickel, said at the St. Petersburg International Economic Forum.
“In 2022, we signed a cooperation agreement with the Ministry for Development of Far East and the Rosatom company, in which we indicated the expected volumes of cargo traffic along the NSR until 2030. Now, this agreement is under implementation, although with a slight delay,” he said.
According to Grachyov, the Nornickel company transported 1.5 mn tons of cargo in 2020 and more than 2 mn tons in 2022. “So, we increased the volume by 40%,” he added.
Speaking about the prospects, Grachyov noted that the Norilsk Nickel company would need to replace outdated icebreakers that would be phased out of service in the long term. ‘Currently, we use our own fleet consisting of 6 icebreakers,” he said.
In October 2022, the Russian companies, including Norilsk Nickel, entered into agreements with the Russian Ministry for Development of Far East and the Rosatom company on the annual volume of cargo to be transported along the Northern Sea Route until 2030.
Russian Deputy Prime Minister Aleksandr Novak said earlier that Norilsk Nickel plans to export 2.3 mn tons of goods from its enterprises via the Northern Sea Route in 2023, and to increase cargo volumes to 2.4 mn tons in 2024.