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...

Yesterday

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...

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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...

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David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle

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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

A scientist from Yale University assessed the potential of the Northern Sea Route

23 october 2023

The construction of the Northern Sea Route, thanks to global warming and the widespread development of technology, is becoming more and more economically beneficial. This opinion was expressed by a visiting scientist at Yale University in the USA, Bian Yongzu.

According to him, despite the growing risks, sea routes still remain the most preferred method of cargo delivery, and the Northern Sea Route can become a key alternative to even cheaper routes.

"On the other hand, with the development of technology and the global increase in temperature, navigation along the Northern Sea Route is becoming more economical, and its period is longer. As a result, the construction of the Northern Sea Route is becoming more and more economically feasible, and not just a strategic alternative," Yunzu said. His words are quoted by www.osnmedia.ru.

The scientist emphasizes that the development of this sea route will give an impetus to the development of the Russian Far East, and Asian countries will be increasingly involved in the work on the northern trade infrastructure.

Alex Shishlo for Rough&Polished