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

Almost half of China's largest cities slowly sinking

15 may 2024

Almost half of China's largest cities are slowly sinking under water due to ground subsidence.

Chinese and American researchers have concluded that 82 major cities in China are prone to subsidence with moderate to severe intensity. This phenomenon increases the risk of flooding for local residents.

Scientists used satellite data and the method of space radar interferometry to analyze changes in the height of urban landscapes from 2015 to 2022.

The researchers found that 45% of China's urban areas are sinking faster than three millimeters per year, and 16% are sinking at a rate of more than 10 millimeters per year. These changes affect a significant part of the country's population.

Among the major cities affected by subsidence, Shanghai stands out in particular. It has already dropped by about three meters over the past hundred years. The cities of Beijing and Tianjin are also experiencing serious problems with subsidence.

Subsidence in China is caused not only by excessive groundwater abstraction, but also by other factors such as the weight of buildings. Scientists warn that by the year 2120, the relative height of the country's coastal zones may be below sea level, which will create additional risks and challenges for society, naked-science.ru reports.

Alex Shishlo for Rough&Polished