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

US announces plans to stop Russia from implementing the Arctic LNG-2 project

16 april 2024

The United States is focused on depriving Russia of the opportunity to carry out projects in the field of production and export of liquefied natural gas (LNG), said US Assistant Secretary of State for Energy Jeffrey Pyatt.

"Our goal is to ensure that Arctic LNG-2 will have no chance of success," Pyatt said, while refusing to comment on the possibility of imposing new sanctions against the Russian oil and gas industry.

"We are focused as much as possible on ensuring that Russia does not have the opportunity to implement new projects (for LNG production) in order to realize the gas that it used to send to Europe," the American official added.

On November 2, 2023, the US Treasury Department included Arctic LNG - 2 LLC, which is implementing a project to build a natural gas liquefaction plant, in the sanctions list. The Ministry also set January 31, 2024 as the deadline for completing transactions with Arctic LNG -2. The project participants are Novatek, the largest independent producer of natural gas in Russia (60%), the French corporation TotalEnergies (10%), Chinese CNPC (10%) and CNOOC (10%), as well as the Japanese consortium Japan Arctic LNG, which owns 10%, TASS reports.

Alex Shishlo for Rough&Polished