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...

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

Arctic LNG-2 included in the Forbes list of largest investor companies in Russia

06 december 2023

The Arctic LNG-2 company, a project of Novatek for the extraction and production of liquefied natural gas at the Gydan Peninsula, entered the Forbes list of top 30 investor companies in Russia.

The company took the fourth place after Gazprom, Rosneft, and Atomenergoprom. Investments for 2022 are estimated at 335.8 billion rubles, and for 2021 at 424.8 billion rubles.

In 2022, Arctic LNG 2 took ninth place in the Forbes top 30 list.

Leonid Mikhelson, the head of Novatek, took the fourth place in the rating of Russian billionaires in 2023 after Andrei Melnichenko, Vladimir Potanin, and Vladimir Lisin. Michelson's income is estimated at $21.6 billion, abn.agency notes.

Alex Shishlo for Rough&Polished