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

A total of 25 sunken ships removed in Russian Far East in 2024

18 november 2024

In 2024, 25 shipwrecks were raised from the waters of the regions of the Far East of Russia. According to the press service of the Ministry of Natural Resources, 18 units were located on Sakhalin, three in Kamchatka, two in the Magadan region and one each in Primorye and Khabarovsk Territory.

By the end of the year, 57 more wrecks will be removed from the sea bays. In particular, the Magadan sea fishing port will be completely cleared.

The lifting and liquidation of old ships has been taking place since 2020 as part of the General Clean-up federal project. A total of 156 shipwrecks were removed from Russian waters. Such work significantly reduces the burden on the environment, since metal rust, fuel residues and pollutants are carried by the flow of water and harm ecosystems.

Two years ago, Russia also banned the deliberate sinking of ships and introduced requirements for their disposal. This will help to avoid the appearance of new abandoned ships in the future, nia.eco reports.

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