Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

Groundwater reserves on the planet are on the verge of exhaustion

30 january 2024

Groundwater, a key source of fresh water for billions of people around the world, is facing a significant decline.

Groundwater accounts for about 30% of the world's freshwater reserves, and is critically important for regions with insufficient precipitation.

For the first time scientists have combined monitoring data from more than 170,000 wells in more than 40 countries, analyzing millions of measurements between 2000 and 2022.

The study revealed that the groundwater level decreased by 71% in 1,693 aquifers with an annual decrease of more than 0.1 meters in 617 of them.

Despite these alarming trends, there are positive dynamics. In some regions, such as Bangkok, Arizona and New Mexico, groundwater reserves have been restored thanks to strategies to limit the exploitation of aquifers, the use of local rivers and saturation of the subsurface with surface waters, rbc.ru reports.

Alex Shishlo for Rough&Polished