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...

Today

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, US to increase icebreaker fleets for competition with Russia in the Arctic

18 september 2025

Canada and the United States are building up their icebreaker fleets to strengthen their positions in the Arctic in a bid to compete with Russia and China.

Russia is currently the world’s leader in terms of icebreaker numbers, with a fleet of 47 vessels, 17 of which are heavy icebreakers capable of passing through thicker ice.

Russia is currently building 15 icebreakers, and a contract has been signed for the construction of another one.

In turn, Canada has 19 icebreakers, of which only one is of heavy class. The country is currently building two more heavy icebreakers, and they are scheduled to be launched in the next seven years. In total, Canada has financed the construction of 20 ships for the Arctic.

The United States has only three icebreakers but has allocated finances for the construction of another 17 vessels.

China, which cooperates with Russia and is the world leader in shipbuilding, is also participating in the development of the Arctic. The country is also expanding its icebreaker fleet, which now consists of six vessels, hibiny.ru reports.

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