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

Canada to construct two heavy polar icebreakers to increase capabilities in the Arctic

13 march 2025

Canadian authorities have announced contracts for two new heavy polar icebreakers, to be built by around 2030.

These vessels are the first heavy icebreakers built inside Canada in more than 60 years, High North News reported. Both vessels are expected to enter into service around 2030.

The first ship will feature more than 40 MW of power, making it one of the most powerful non-nuclear icebreakers. It was developed by Seaspan Shipyard together with Finnish companies who have extensive experience in icebreaker design work.

“This state-of-the-art vessel will not only strengthen our icebreaking fleet, but will also support critical scientific research and environmental protection efforts, and ensure national security in the Arctic,” said Jonathan Wilkinson, Canadian minister of energy and natural resources.

Another Polar Class 2 vessel, the second-highest category, will be built by Davie Shipbuilding with the help of Helsinki Shipyard.

Theodor Lisovoy, Managing Editor, Rough&Polished