Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

Yesterday

Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 2024

Cargo traffic along the Northern Sea Route to amount to 250 million tons by 2035

28 march 2024

Cargo traffic along the Northern Sea Route will amount to 250 million tons by 2035, according to Special representative of the Rosatom State Corporation for Arctic Development Vladimir Panov.

"By the middle of the next decade, cargo traffic along the Northern Sea Route will be comparable to the carrying capacity of the Eastern territory and will amount to 250 million tons. At the same time, the cost of developing the Northern Sea Route is up to ten times cheaper per ton of cargo transported, and, in general, the Northern Sea Route is one of the most efficient transport projects in Russia," the expert said at the Atomexpo–2024 forum as cited by b-port.com.

According to him, it is still premature to talk about competition with the Suez Canal, since the main cargo on the Northern Sea Route will be products of Arctic projects. Nevertheless, the main maritime communication in the Arctic has already become an integral part of the national logistics infrastructure, Panov pointed out.

Alex Shishlo for Rough&Polished