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...

Yesterday

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

Climate change-related droughts limit hydro-electric power generation

05 october 2023

Energy sector's overall carbon emissions reduction in the first half of 2023 was undermined by climate change-related droughts that limited hydro-electric generation globally, according to a report by the Ember climate think tank cited by Reuters.

Total power sector emissions rose by 0.2% in the first half of the year despite wind and solar's share of the global electricity supply rising to 14.3% over the same period, up 1.5% compared to the first half of 2022, Ember data showed.

Hydropower output fell by some 177 terawatt-hours (TWh) due to droughts, with China accounting for nearly 75% of this, as per report. Carbon emissions would have dropped by 2.9% had hydro power generation stayed flat year-on-year.

Some fossil fuel production was used to plug the supply gap, with power generation from coal and gas both rising by 8% in China and 8.1% from gas in the United States, Ember data showed. Growth in solar power supply also helped lower total emissions as 104 TWh was added to the global energy mix with 50 countries setting monthly records, the data showed.

"While it is encouraging to see the remarkable growth of wind and solar energy, we can't ignore the stark reality of adverse hydro conditions intensified by climate change," Ember senior electricity analyst Malgorzata Wiatros-Motyka said.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished