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

Wildfires affecting workers at diamond mines in the Northwest Territories of Canada

23 august 2023

Thousands of residents have been evacuated from the Canada’s Northwest Territories amid dangerous circumstances caused by more than 200 fires, according to a government Facebook page.

Yellowknife, which is at the heart of the wildfires, is home to a number of employees from De Beers’ Gahcho Kué mine.

The Burgundy Diamonds-owned Ekati deposit and Rio Tinto’s Diavik site also have several Yellowknife-based workers.

“Over the past few days, De Beers has watched with deep concern the growing extent of the unprecedented wildfires in the Northwest Territories, which have led to the evacuation of eight communities,” De Beers noted.

The fires are approximately 135 kilometers from Ekati and about 200 kilometers from Gahcho Kué. Currently, they do not present a threat to operations, the owners explained.

All three companies are working to support the affected communities. Diavik Diamond Mine donated CAD 250,000 ($185,523) to the United Way Northwest Territories, while De Beers has contributed $50,000, rapaport.com reported.

Alex Shishlo for Rough&Polished