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...

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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...

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David Benderly: PermaScribe seeks to put trust mark on diamond table, not just girdle

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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

Lakes in Switzerland contaminated by waste from defense industry plants

17 october 2024

At least 26 lakes in Switzerland are contaminated with waste from various defense industry plants, including recycled ammunition, TASS reports, citing data from the country's defense ministry.

Defense factories and the Swiss armed forces have disposed of "thousands of tons of ammunition" at the bottom of Swiss lakes since World War II. For decades, it has been believed that the disposal of grenades deep under water is safe and cannot harm the environment.

Despite the fact that the risk of detonation of disposed ammunition located at the bottom of lakes is extremely low, in fact, this method of disposal of waste causes serious harm to the environment.

Experts from the Swiss Defense Ministry intend to work out a way to remove disposed ammunition from reservoirs. In August, Armasuisse announced a competition with a reward of 50,000 Swiss francs for the development of a method for cleaning lakes of defense industry’s waste.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished