The African Diamond Council (ADC) has announced plans to adopt Authentia.io, a blockchain-powered traceability platform, to enhance transparency and accountability in the global diamond trade, as reported by Diamond World.   Developed over three and a half years, the platform is specifically designed for African nations involved in diamond mining.

Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, according to Rough&Polished.   However, the state-owned Russian mining company maintains, according to a report by IDEX Online,

Russian diamond miner Alrosa has announced the sale of its shares in two Angolan diamond mines to Maaden International Investment, a subsidiary of Mercury Investments International, a state-owned company owned by the Government of Oman. The move comes in response to G7 sanctions, according to IDEX Online.   Angola’s Minister