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

Senior Novatek official visits US to discuss sanctions - report

20 december 2024

A Novatek executive visited Washington for discussions on a change in U.S. sanctions policy with the upcoming Trump administration, sources familiar with the matter told High North News.

"We are aware of Novatek officials coming to D.C. […] Now is not the time for business as usual with Russia. Russia is in the penalty box and it’s my job to ensure it stays there as long as possible, certainly as long as the illegal war continues,” said Assistant Secretary of State for Energy Resources Geoffrey Pyatt in a comment to the news outlet.

Pyatt reiterated the U.S.’ goal to drive down revenue Russia derives from energy resources and to kill projects aimed at expanding revenue in the future, including Arctic LNG-2.

He highlighted that Putin has weaponized Russia’s energy resources and can never again be trusted as a reliable energy supplier. Russia's war of aggression, including on civilian energy infrastructure is largely funded by revenue from the oil and gas sector, he continued.

“We remain firmly committed to helping partners diversify their energy suppliers, routes, and fuel types to eliminate dependencies on Russian energy supplies of all types,” Pyatt added.

Theodor Lisovoy, Managing Editor, Rough&Polished