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

Cargo transportation along the Northern Sea Route increases 36 times in ten years

02 april 2024

Due to the melting of ice and the development of shipping, Russia increased cargo transportation along the Northern Sea Route 36 times in 2012-2023, said Alexei Chekunkov, Russian Minister for the Development of the Far East and the Arctic.

According to him, the NSR attracts the attention of the whole world, which is facilitated by the risks that have significantly increased on traditional routes such as the Suez Canal, the Strait of Malacca, and in the Indian-Pacific region.

"Russia remains the most advanced country that is able to organize navigation, the only country that has its own nuclear icebreaker fleet that is advanced in terms of tonnage, capacity, and age. Therefore, I am sure we will achieve the planned plans for the development of transportation along the NSR, although it will not be an easy task," the minister said in an interview with Izvestia.

"Strategically, if in the 2010s there were millions of tons [of cargo transportation], now, in the 2020s, we are talking about tens of millions of tons on the NSR: last year there was a record of 36.5 million tons. This year, I am sure we will deliver a new record. In the 2030s, there will be hundreds of millions of tons: by 2030, I think we will reach 100 million tons, and in the 2030s it will already be 200 million tons," he added.

Alex Shishlo for Rough&Polished