Escaping the ‘panic phase’: DMCC-commissioned study urges natural diamond industry to emulate Swiss watch revival

The natural diamond industry is currently facing a disruption that closely mirrors the existential threat the Swiss watch industry encountered during the 1970s quartz crisis. According to a new comparative study commissioned by the Dubai Multi Commodities...

26 october 2026

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...

12 october 2026

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

ALROSA announces discovery of Russia’s first blue diamond

Yesterday

ALROSA has reported the discovery of a rare, gem-quality, Type IIb blue diamond weighing 2.74 carats, as it commenced the cutting and polishing process. This is the first diamond of this kind ever unearthed in Russia.

The company stated that the diamond was recovered from the Nakyn kimberlite field in Yakutia. This discovery confirms the presence of extremely rare, boron-containing Type IIb diamonds at the deposit and "opens new opportunities for studying the geological processes of diamond formation deep within the Earth."

"For the first time in our nation’s history, we have obtained such a unique blue crystal. This is a highly significant milestone for ALROSA and the entire diamond industry. It is possible that a find like this may never happen again," noted ALROSA CEO Pavel Marinychev.

According to the diamond miner, a team of 11 highly skilled ALROSA cutters and polishers have been working on the stone "throughout 2026."

"It is our responsibility to preserve the beauty created by nature and transform this exceptional diamond into a finished gem worthy of a place among the world’s rarest precious stones. It is especially significant that this work is being carried out by our own Russian craftsmen," Marinychev explained.

Theodor Lisovoy, Managing Editor, Rough&Polished