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

Permafrost degradation in the Arctic could cost Russia 5 trillion rubles by 2050

23 april 2024

According to Gadzhimagomed Guseinov, Deputy Head of the Russian Ministry for the Development of the Far East and the Arctic, damage from permafrost degradation in the Russian Arctic in the coming decades could amount to 5 trillion rubles.

“The Arctic zone of the Russian Federation lies on permafrost, the dynamics of permafrost soils is one of the systemic risks. We are observing the process of permafrost thawing, this process is accelerating,” TASS quotes him as saying.

“According to a report by leading scientists in this field, in the absence of proper adaptation measures, the likely damage from permafrost degradation by 2050 will be at least 5 trillion rubles,” he added.

Huseynov also noted that, according to scientists’ forecasts, the bearing capacity of soils will decrease by more than half by 2050, which poses a threat to industrial and civil construction projects. These processes have especially accelerated in the last five years.

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