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

Russia leaves the Barents Euro-Arctic Council

20 september 2023

Russia has made a decision to leave the Barents Euro-Arctic Council, the Russian Foreign Ministry said.

According to the ministry, it is the fault of the Western members of the Council (Denmark, Iceland, Norway, Finland, Sweden, European Union) due to which the Council's activities have been virtually paralyzed since March 2022.

The Finnish presidency has not confirmed its readiness to transfer the leadership of the Council to Russia in October 2023 "in violation of the principle of rotation, disrupting the necessary preparatory measures," the Russian Foreign Ministry noted.

"We are convinced that the momentary political conjuncture, which is guided by our Northern European neighbors, does not correspond to the long-term interests of the inhabitants of the Arctic. The responsibility for the collapse of the architecture of the Barents Cooperation lies entirely with our "partners," the Foreign Ministry stressed.

Russia will continue to pursue its national interests in the North and remains open to cooperation with all those who are constructive, ready for an equal dialogue and mutually beneficial joint work, the Ministry concluded.

Alex Shishlo for Rough&Polished