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

Russia may withdraw from the UN Convention on Arctic Sea Law

19 march 2024

Russia may reconsider its participation in the UN Convention on the Law of the Sea in the Arctic, said Nikolai Kharitonov, Chairman of the State Duma Committee on the Development of the Far East and the Arctic.

The denunciation of the Convention may be carried out to protect national interests against the background of the actions of 'unfriendly' countries.

The Convention was adopted in 1982. At that time, the USSR did not join the convention, since it defined the concept of a 12-mile zone of territorial waters, whereas the Soviet Union used a sectoral approach to defining borders in the Arctic. Russia ratified the document in 1997.

The Russian military and experts consider continued participation in the convention as a 'time bomb'. It is claimed that NATO ships and aircraft are actively conducting reconnaissance activities in the Russian sector of the Arctic, without crossing that very 12-mile zone, b-port.com reports.

Alex Shishlo for Rough&Polished