Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

Today

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

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