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...

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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

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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

Russian president’s assistant sees need for development of Arctic ports

20 august 2024

Murmansk, Arkhangelsk, Dixon, Tiksi and Pevek are the Arctic ports that need to be developed in Russia as a priority so that the Northern Sea Route (NSR) becomes one of the main transport routes of Russia, said Nikolai Patrushev, assistant to the president of the Russian Federation, who oversees issues of national maritime policy.

The development of the transport and logistics potential of the Northern Sea Route plays a key role in the development of the Arctic zone, Patrushev stressed, speaking in Murmansk at a meeting on ensuring the national interests of the Russian Federation in the Arctic.

The importance of the NSR as a transport corridor and the shortest route between Europe and Asia is growing, he added.

"In order for the Northern Sea Route to assume the role of one of the main transport routes in Russia, it is necessary to modernize the infrastructure and ensure the development of ports of the NSR, with priority given to Murmansk, Arkhangelsk, Dixon, Tiksi, Pevek," Patrushev said.

According to him, it is also necessary to more actively use the potential of inland waterways and Russia’s largest rivers, such as Lena, Ob, Yenisei, as well as canals, in particular the White Sea-Baltic one.

As a result, the transport connectivity of the Northwest, Siberia and the Russian Far East will be significantly improved, TASS reports.

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