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

Norilsk Nickel Opens Tourist Center in Taimyr

18 october 2024
The visitor center for tourists in the remote village of Ust-Avam in the Taimyr Peninsula consists of a main building, accommodation buildings, and two chums (raw-hide tents). The construction of tourist infrastructure facilities is part of a program to support indigenous minorities of the North that has been implemented by Norilsk Nickel in Taimyr since 2020.
Over the past five years, the tourist flow to Taimyr has increased fivefold. The occupation of the indigenous peoples - the Dolgans and the Nganasans - is commercial hunting, fishing, as well as dressing leather. The opening of the visitor center is expected to create new jobs for the villagers and become a cultural and educational center for the local people. And tourists will get a chance to enjoy the Arctic nature and get to know the traditional way of living of indigenous minorities better.
In addition to the visitor center, more than 30 new houses have already been built in the village under Norilsk Nickel’s program to rehouse the local residents from their dilapidated houses, a paramedic and obstetric center has been fit with medical equipment, and a modular bathing complex has been put into operation.