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

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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...

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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

Norilsk Nickel commissions new housing and infrastructure in Taimyr villages

07 august 2024

Under the agreement between Norilsk Nickel and associations of indigenous peoples of the North aimed at interaction and cooperation, the company is building housing and infrastructure for Taimyr villages, thanks to which more than 30 families received new homes.

The program to promote the socio-economic development of the Taimyr Dolgano-Nenets Municipal District has been implemented by the company's Polar branch since 2020. The construction of housing and infrastructure is an important component of it.

"The main objective of the program is to improve the quality of life in the villages. We are building facilities that are vitally needed here, and we are doing everything possible to ensure that residents have comfortable conditions," says Anfisa Nikiforova, head of the department for work with indigenous minorities of Taimyr in the Polar branch of Norilsk Nickel.

To date, 33 houses have already been built for a total cost of 202 million rubles, 18 of which were commissioned this year. In addition, work is already underway on a rural Community Center in the large reindeer herding settlement of Nosok, and community centers are expected to open in the settlements of Volochanka and Kheta. The total cost of these projects is estimated at 815 million rubles.

Theodor Lisovoy, Editor in Chief, Rough&Polished