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.

11 september 2024

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

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