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

Ceylon Waste Management Refinery inaugurates Sri Lanka’s first precious metal refinery using e-waste

20 september 2023

Ceylon Waste Management Refinery announced the inauguration of Sri Lanka’s first-ever precious metal refining factory, which uses electronic waste (e-waste) as raw materials. The landmark event held on September 12, marked a significant milestone in the country’s journey towards sustainable industrial development and environmental conservation.

The factory, staffed by local engineers, managers, and foreign experts, aims to recycle the country’s annual generation of e-waste. It uses scrap printed circuit boards (PCBs) as raw material, requiring three metric tons of PCBs per day for production. With an annual production capacity of 300 metric tons of PCBs, the factory requires over 100,000 tons of general e-waste to obtain the necessary raw materials.

The innovative approach is expected to significantly contribute to solving the country’s e-waste problem.

“The inauguration of this factory represents a critical step towards achieving a sustainable environment in Sri Lanka. By utilising e-waste as raw materials, the factory not only reduces the amount of e-waste in the country but also aids in the conservation of precious metals,” the company said in a statement.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished