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

Russia mulls building its arctic vessels at Chinese shipyards

09 september 2026

Russian authorities are considering Chinese shipyards as places to build its vessels for the Northern Sea Route (NSR). According to preliminary estimates, Russia will need 62 new ships of various classes by 2030 to operate on the Arctic route.

Boris Titov, the Russian president's Special representative for relations with international organizations, announced the negotiations with China. The possible projects include the construction of icebreakers, research vessels, and ice-class cargo ships.

As mk.ru notes, negotiations with China could involve the use of additional production sites to accelerate the renewal of the Arctic fleet.

The need for its expansion is linked to plans to dramatically increase shipping along the Arctic route. In 2025, cargo traffic along the NSR amounted to approximately 37 million tonnes. By 2030, Russian authorities expect to increase it to 70 - 109 million tonnes. At the same time, the country has to expand port capacity, provide icebreaker assistance, and create infrastructure for stable navigation.

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