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...

Today

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...

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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...

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

Russian government supports fines for concealing work-related accidents

26 september 2025

The Russian government has supported draft amendments to the Code of Administrative Offences, which set fines for employers for concealing information about work-related accidents. The relevant initiative is currently being considered in the State Duma.

The proposed amendments provide that concealment, intentional distortion or untimely communication by the employer of complete and reliable information about the accident to the appropriate authorities entails the imposition of an administrative fine on individuals in the amount of 1,000 to 3,000 rubles.

Officials will face fines ranging from 20,000 to 30,000 rubles, and legal entities - from 130,000 to 150,000 rubles.

According to official data, in the period from 2019 to 2024, 5,007 hidden accidents were detected in Russia, of which 1,277 were fatal. In addition, 1,608 accidents were detected in 2024, which employers tried to hide, of which 348 were fatal. An analysis of statistical data shows that the number of concealed accidents in 2024 exceeds the same figures in 2020 by 171.6%.

In total, the proportion of concealed accidents from year to year is over 11% of all accidents with serious and fatal outcomes investigated during the year.

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