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

UN says world is now on course for warming of up to 3.1 °C

04 november 2024

Continuing with current policies means the world will be on course for a temperature rise of 3.1C before the end of the century, warns the UN Environment Program.

The amount of greenhouse gases released into the atmosphere climbed 1.3% last year, UNEP said. The landmark Paris Agreement in 2015 set a goal to limit global warming to well below 2 °C over pre-industrial levels, and ideally to 1.5 °C. To meet the more ambitious target, countries must collectively commit to cutting emissions by 42% by the end of the decade and by 57% by 2035, compared with 2019 levels.

“We need global mobilization on a scale and pace never seen before - starting right now, before the next round of climate pledges - or the 1.5 °C goal will soon be dead,” said Inger Andersen, UNEP’s executive director.

The question of what more needs to be done to bend the curve of emissions will largely be left unanswered at this year’s COP29 summit in Baku, Azerbaijan, which is set to focus on how to scale climate finance from billions of dollars to trillions. A commitment to transition away from fossil fuels made at last year’s summit has been questioned by countries like Saudi Arabia.

Countries are due to come back next year with updated climate plans that are aligned with the goal of keeping a global temperature rise to 1.5 °C. The bulk of the responsibility to curb greenhouse gases lies with the Group of 20 countries, which saw emissions increase last year, accounting for almost four fifths of the total.

But while the 1.5 °C goal remains “technically possible,” the UNEP report stressed it will require massive effort, miningweekly.com notes.

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