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

Burkina Faso closes more than 40 gold mines for security reasons

08 march 2023
The authorities of Burkina Faso have decided to close until further notice 43 artisanal gold mining enterprises in the north-west of the country, which are being attacked by militant groups associated with the terrorist organizations Al Qaeda and Islamic State.
Despite the fact that Burkina Faso has a ban on artisanal gold mining, the authorities are struggling to control this production, which employs more than one million people.
Legal gold mines annually produce about 70 tons of gold, which in ten years has become the first export commodity of Burkina Faso, ahead of cotton.
According to the National Ministry of Mining Industry, about 10 tons of valuable metal are additionally mined in the artisanal sector, jeuneafrique.com writes.

Alex Shishlo for Rough&Polished