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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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

Russia and Azerbaijan to jointly tackle Caspian Sea shallowing issue

06 december 2024

Russian President Vladimir Putin and Azerbaijani President Ilham Aliyev have agreed to work together to prevent the shallowing of the Caspian Sea.

"Everyone is worried about the shallowing of the Caspian Sea. Of course, it is necessary to pay attention to those species of animals that suffer from this obviously and noticeably. In general, this is a big problem," the Russian leader stressed.

He also pointed out that the Caspian Sea should not be allowed to repeat the fate of the Aral Sea, where "only salt" remains now.

The shallowing of the Caspian Sea became the key theme of the satellite event of the IV Congress of Young Scientists, which Russia’s Dagestan Region hosted for the first time in 2024. "This is related to threats to the biological diversity of the Caspian Sea. We witnessed how Caspian seals died in large numbers a few years ago. Many people associate this, among other things, with the shallowing of the Caspian Sea," said Alimurad Hajiyev, Vice-rector for Scientific and Innovative Work at Dagestan State University.

During the discussion, scientists came to the conclusion that it is necessary to form a common action plan for the rescue of the Caspian seal, tass.ru reports.

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