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

China continues to supply the Arctic LNG-2 project despite sanctions

08 january 2024

China continues to deliver prefabricated modules for Novatek's Arctic LNG-2 project in Yamal, Russia. Two ice-capable heavy lift vessels, Audax and Pugnax, recently departed China with a cargo for the project that was put under sanctions by Western countries.

A winter transit of the Northern Sea Route (NSR) routinely takes around three weeks and both vessels are estimated to arrive in Murmansk in mid-February, High North News reported.

The transport of equipment used for the production of liquefied natural gas by European companies has been banned under the sanctions policy. But it is unclear to what degree the ban has been enforced or if the sanctions apply to the vessels’ operator. Audax previously completed a winter voyage in February 2022, also carrying modules for Novatek.

Russia is actively trying to substitute Western-made components and machinery needed for its infrastructure projects that were prohibited to be exported to the country after the beginning of Russia-Ukraine war. Russia’s cooperation with China remains key to completing construction of the second and third stages of the Arctic LNG 2 project.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished