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

Russian engineers find a way to extract Arctic oil without melting permafrost

24 november 2025

Engineers from the Perm National Research Polytechnic University have found a way to extract oil in the Arctic without melting permafrost, which can cause a well collapse.

In regions with permafrost, oil production requires heating oil deposits in the bowels of the earth using hot steam and other methods. However, this process is often accompanied by the melting of permafrost, which threatens the collapse of the well and equipment failure.

"They (engineers) created a virtual twin of the well with a 95% forecast accuracy. The development will allow us to calculate the ideal heating mode, which will melt the oil, but preserve the permafrost and protect the well from destruction," the university's press service said.

The test results showed the high accuracy of the mathematical model in all operating modes of the well, tass.ru notes.

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