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 and China to create special commission for NSR development

21 may 2024

After a visit of Russian president to China, the countries agreed to create a joint commission on the development of the Northern Sea Route.

"A decision has been made to create a joint commission for the development of the NSR. On the Russian side, this is the activity of Rosatom. On the Chinese side, it will be headed by the Minister of Transport of the People's Republic of China," said Alexey Likhachev, Director General of Rosatom State Corporation.

According to him, the potential for increasing cargo turnover along the NSR is up to 50 million tons of Chinese transit by 2030. But the area of responsibility of the future commission includes not only Chinese transit. "We also involve our partners in aspects of Arctic shipbuilding, port improvement, and logistics centers. This will really be a joint project in the interests of both countries," Likhachev added.

This year, regular transportation between Arkhangelsk and China will begin along the Northern Sea Route.

The total amount of cargo transported along the route since the beginning of this year is 10.19 million tons, which is 72,000 tons (0.7%) higher than the same period of last year, goarctic.ru reports.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished