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

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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...

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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

Warming in the Arctic affects Nornickel’s operations

27 november 2024

The warming taking place in the Arctic affects Norilsk Nickel's production processes, but so far it is minimal, said Stanislav Seleznev, Vice President of Nornickel for Ecology and Industrial Safety.

"So far, the warming [in the Arctic] has had a minimal effect. But everyone is talking about this warming, and in the Arctic, according to scientists, it is going faster. We keep a very close eye on all trends, scientific research, and statistics. We are studying both the pros and cons," TASS quotes Seleznev as saying.

According to him, the positive effects of warming include easier living and working conditions in the Far North, longer navigation times, and less use of expensive icebreakers.

"No one can tell us with exact certainty how many meters and in how many years the permafrost soils will melt. There are only expert assessments, but they are different. No one says the exact figures, but we understand that this may become a problem for the stability of many of our buildings and structures," Seleznev said.

He also noted the potential risks for the energy and gas transportation infrastructure.

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