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

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

Mikhail Mishustin: environmental fines will be used to eliminate damage to nature in Russia

10 august 2022
(TASS) - The money that will come to the regional and local budgets from fines for environmental pollution will be earmarked for the elimination of environmental damage. This was announced on Monday by Russian Prime Minister Mikhail Mishustin at an operational meeting with his deputies.
“The government has prepared a resolution that introduces a new procedure for financing such events from regional and local budgets,” he said, speaking about measures to protect the environment. “Funds for the identification of objects of accumulated harm, their elimination, restoration of the natural environment will come from all users of natural resources, as well as from violators through fines, payments on claims, and voluntary compensation.”
That is, the head of the Cabinet continued, in practice the principle "When the polluter pays" that Russian President Vladimir Putin spoke about earlier will be implemented: “And such payments, coming to the budget of a subject and municipality, should be spent on specific measures to protect nature,” Mishustin emphasized.
As the prime minister explained, the priority is the elimination of already identified points of pollution, including unauthorized dumps and landfills. At the same time, the regions will be able to allocate funds for additional environmental activities, such as the elimination of pollution of water bodies, the restoration and cultivation of forests, monitoring the state of the environment and protecting the reserved areas.