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...

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

Penalties for violating industrial safety regulations to be tightened in Russia

15 april 2026

The effect of a turnover fine for violation of industrial safety rules will be extended to all types of underground mining facilities, according to a draft law developed by the State Duma Committee on Ecology.

According to the document, the amount of the turnover fine should be from 0.01 to 0.1 of the total amount of the company's revenue, but not less than 15 million rubles.

In September 2025, turnover fines were introduced for coal miners in case of death of two or more workers.

In 2024, an accident occurred at the Pioneer mine of Petropavlovsk Group of Companies, which claimed the lives of 13 miners, and in 2017, an accident at the Mir mine of ALROSA led to 8 casualties.

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