LDB’s David Troostwyk: London still has major role to play in global diamond trade

London Diamond Bourse (LDB) President David Troostwyk has had a varied career in the diamond business. David sat down with Rough&Polished to discuss how his love of diamonds started, his career, the state of the diamond trade in the UK and globally...

12 may 2025

David Johnson: De Beers balancing lab-grown and natural diamonds rarity while pioneering ethical transparency

De Beers has been differentiating its lab-grown diamond brand, Lightbox, by positioning it as an affordable, fashion-focused product. Group spokesperson David Johnson told Rough & Polished that this is in contrast to how De Beers promotes natural diamonds...

28 april 2025

Who will bear the cost? Paul Zimnisky weighs in on U.S. jewellery tariff impact

The United States jewellery industry is facing a complex balancing act as new tariffs on diamonds force wholesalers and retailers to decide whether to absorb costs, negotiate with overseas suppliers (particularly India), or pass them on to consumers...

14 april 2025

Thataitsile Moremedi: South Africa's State Diamond Trader providing market access, exposure for nascent manufacturers

Although it is challenging for previously disadvantaged individuals to enter the diamond industry due to the financial barriers, South Africa's State Diamond Trader is providing nascent entrepreneurs with exposure, market access, and other support...

31 march 2025

Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

Warming in the Arctic to affect Eurasia - scientists

24 january 2024

The Arctic is warming twice as fast as the rest of the Earth - in 2023, the Arctic experienced the warmest summer in 120 years.

Overheating at high latitudes will lead to sea level rise and will affect North America and Eurasia, lenta.ru writes with reference to a report by scientists from the American Oceanic and Atmospheric Administration (NOAA).

In 2023, Greenland lost 158.7 billion tons of ice – the elevated melting rate has been recorded since 1998 and is approaching record values.

The reduction in the area of land ice leads to an increase in sea level. Coastal cities are beginning to flood, and this affects housing, infrastructure, transport and business.

The melting of permafrost also contributes to the greening of the North American tundra – there are more and more shrubs and trees.

In addition, carbon dioxide is released from the permafrost. The melting of glaciers also leads to an increase in the number of fires.

Alex Shishlo for Rough&Polished