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...

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South African diamonds head to Hong Kong: SDT partners with BRINKS for JGW 2026

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David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle

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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

Ecological activists to oppose Norway's plans to start commercial mining in the Arctic

22 december 2023

The Norwegian government has given the green light to the deep-sea mineral deposits exploration on the seabed in its waters, arcticuniverse.com writes. Ecological activists have voiced concerns about the initiative.

"Both in Norway and internationally, we don't have enough knowledge about the effects of deep-sea seabed mining on life in vulnerable deep-sea ecosystems. Therefore, the only responsible course of action is a moratorium on mining on the seabed until we get the necessary knowledge and can guarantee that there will be no harmful effects on the marine environment," commented Kaya Lenne Fiertoft, Head of Global Policy at WWF's No Deep-sea Mining on the Seabed initiative.

"For a long time, Norway ignored the need to reduce oil and gas production. And now it is going to turn upside down a vast territory of the untouched Arctic seabed in search of precious metals," said Jan Dushik, a leading specialist in the management of the WWF Global Arctic Program.

"The government is going against its own environmental assessment and ignoring the impact of this mining plan on the entire ocean. Strengthening environmental monitoring at the exploration stage will not help – the damage cannot be eliminated. How will Norway be able to maintain its leadership in the ocean and the Arctic after that?"

Alex Shishlo for Rough&Polished