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

Denmark to ban one of the fuel types for Arctic ships

07 february 2024

The Danish government plans to ban the use of heavy oil as fuel for ships in the Arctic from July 1, RIA Novosti reports, citing the kingdom's Environment Minister Magnus Heunike.

According to him, if an oil leak occurs from the ship, it will create a great risk to the marine environment, which is especially dangerous for the Arctic, where the marine environment and coastal ecosystems are particularly vulnerable.

"Therefore, we are stopping the use or transportation of heavy oil on ships as fuel when they sail in the Arctic," Heunike said.

The ban will have to partially limit ocean and air pollution from oil leaks, since heavy oil, compared with lighter fuels, "emits more particles, including so-called black carbon, CO2 and more sulfur."

The ban will come into force on July 1, 2024, but during the transition period, until July 1, 2029, a number of exceptions will be made.

Alex Shishlo for Rough&Polished